Apple announces 4-1 stock split after shares surge toward $400

Apple announces 4-1 stock split after shares surge toward $400
The move bucks a trend among big U.S. tech companies that have mostly refused to split their shares, resulting in sky-high prices. Alphabet Inc. stock costs more than $1,500, and Amazon.com Inc. trades above $3,000, effectively disqualify the companies from the Dow.