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it seem that when tesla did a stock split it ended up with the new shares rising in value quickly maybe the same can happen to gme
There's little reason from a corporate finance perspective that a stock spit should have any impact on a share price these days. At the margin it might enable a bit more buying demand from those that want to invest in less than one share or one option contract (but fractional share schemes has reduced the important of that).
The reason that they tended to drive stocks upwards massively in 2021 was just memes and conspiracy theories about "counterfeit shares" (see @somethingclever post above)
NickCJ
the one reason i liked gme over all the other stocks that moved in a similar way in jan '21 was it's limited float size albeit at quite a high price. seems like a backwards move to me to free up more shares
i'm still having trouble trying to work out how the stock dividend differs to a stock split, can't seem to get my head around how the situation will be any different after the div. both seem to end up with people having 4x the stock at 1/4 the price so net effect will be same value for the short positions. if anyone can explain the minutiae i would be grateful. it seems that when tesla did a stock split it ended up with the new shares rising in value quickly maybe the same can happen to gme
stock borrow fees and fail to delivers have been ratcheting up over the last few weeks, so there does seem to be some pressure whether it be the div or some other factor (s)
the gme market place was also launched this week bringing in another subset of people to the gme family. investors in nft's and digital games will start boosting revenues and hopefully profits. $3-4mn of business in the first couple of days, ipo'ing that or issuing free shares in that company ( if it becomes an established market place ) to gme holders would be more beneficial to share holders and worse for shorts i can see how that would make a difference. hopefully that might be on the horizon