Why are people so st*pid to think that stock splits change the valuation of a company?!


I keep noticing over and over again that people make a connection between a stock split and a company's valuation. This has like 0 logic/sense/science in it!!!

Does a stock split increase the future company earnings? Does it increase the growth, dividend, revenue etc.?

For example Tesla has an upcoming stock split and people are convinced that the stock price will increase because of this.


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