Considerations for $GOOGL Post-Split Performance
Been reviewing $GOOGL performance since the split. While the lower nominal price increased accessibility for retail, the immediate post-split price action seems largely influenced by broader market sentiment rather than a significant intrinsic re-valuation. Volume metrics are up, which was expected, but I'm curious if anyone has noted any structural changes in order book depth or spread competitiveness directly attributable to the split, or if it's primarily psychological. Looking for observations beyond just price appreciation/depreciation. Specifically, has the increase in outstanding shares at a lower price point altered the hedging dynamics for options writers, and how might that translate into implied volatility moving forward?
I've observed similar trends with $GOOGL. While increased retail accessibility is a factor, I'd agree that broader market dynamics are overshadowing any purely split-driven re-valuation. Have you looked at the institutional activity to see if there's been any significant shifts in large block trades post-split?