48 days after declaring a 7:1 split, Apple is up 25%

Did Apple just pull a reverse Warren Buffett?

Buffett, whose Berkshire Hathaway BRK-A trades in six figures, famously wrote that he had no interest in a stock split that would replace his “clear thinking” shareholders with more impressionable ones who “feel wealthier with nine $10 bills than with one $100 bill.”

Steve Jobs always said he agreed with Buffett. A stock split,...

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