stock spilt

[indahkirana]

an organization can split the shares when the price per share is above standard and they also can split their shares when they want to increase supply of share in stock market

[fortuna]

Most stock do stock split when stock become very expensive so companies do stock split to attract people to buy stocks. Investors shun the stock after it has risen many folds so companies do stock split to make it more appealing for small investors.

[macrubby]

A stock split has very little real affect for the average investor and all, the stock was trading at a pricey valuation for this market and any further spike in the stock at that moment would've provided a good entry point.