Amazon, Apple and Tesla have done it. This is why firms split stocks

Google is just one of dozens of companies that have recently made their shares more accessible. Alphabet (GOOGL), the parent company of the tech giant, split its shares into two classes (GOOG) at a 20:1 ratio in July.

Amazon (AMZN) made the same move 20 to 1 in June, while Tesla (TSLA) announced a 3-for-1 stock split around the same time. Apple (AAPL) has split its shares five times since the company went public.

Watch this video where CNBC’s Emily Lorsch explains what a stock split is and why companies do it.