The market's most-prominent stock split of the year has a number of macroeconomic and company-specific tailwinds in its sails.

For the better part of the last three decades, investors have had a next-big-thing technology or innovation to captivate their attention, and their money. Over the last two-plus years, the evolution of artificial intelligence (AI) has been Wall Street's hottest trend.

But it's not the only trend responsible for lifting the iconic Dow Jones Industrial Average , broad-based S&P 500 , and growth stock-inspired Nasdaq Composite to new highs in 2024 (and early 2025 for the S&P 500). Investors have demonstrated a willingness to flock to public companies completing stock splits.

A stock split is an event that allows a company to alter its share price and outsta

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