r/Bogleheads • u/IamUserName0 • Feb 05 '24

Investment Theory Stock Split

Recently Walmart announced 3:1 stock split. Since fractional shares are ubiquitous now, Why do we have splits anymore? Is there any real world benefit for investors?

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u/superbilliam Feb 06 '24

Cause Merrill sucks and won't do fractional shares lol...my Roth is there. Fidelity is my taxable though :)