Following a Climbing Valuation, Facebook Splits Stock 5-for-1

Companies sometimes split their stock to match industry standard prices, or make it more affordable for smaller investors, and sometimes they’re also signaling to the market that the share price has been growing, and will continue to do so. For one or more of those reasons, Facebook is announcing today that it splitting its stock 5-for-1, meaning that it has increased the amount of all outstanding stock by five times without changing the value of the company itself.