What are the Impacts of Stock Splits on Investors?

[Suba]

A stock split is the division of a stock's nominal value into several shares with smaller nominal values, but the total investment remains the same. For example, I own one share of Alphabet (GOOGL) with a nominal value of $3,000 (price per share). In July 2022, Alphabet conducted a 20:1 stock split, leaving me with 20 shares with a nominal value of $150 per share, but my total investment remains at $3,000. Currently (December 22, 2025), Alphabet's stock market price is $307 per share.

Well-known companies that have implemented stock splits include
Amazon (AMZN), Apple (AAPL), Broadcom (AVGO), Nvidia (NVDA), Tesla (TSLA), Walmart (WMT), etc.
So, in your opinion, what are the impacts (positive benefits) of stock splits?

 

[wisdom01]

Stock splits are a psychological boost, making shares seem more affordable without changing the company's real value. They can increase liquidity and attract new investors, but your actual ownership stake and the firm's fundamentals remain unchanged. It's more optics than substance.