A stock split's main purpose is to make a company's shares more appealing to potential investors. By raising the number of outstanding shares, it improves a company's liquidity. Stock splits do not change the market value of a corporation; rather, they are a reassignment of share value by increasing the number of shares.
June 1, 2:57 PM
On Tuesday, shares of Brookfield Infrastructure Corporation (NYSE: BIPC) experienced volatile short activity. After the activity, the stock price went down -2.01% to $70.55. The overall sentiment for BIPC has been Bullish.
August 9, 6:52 AM
Wells Fargo analyst Jonathan Reeder upgrades Brookfield Infrastructure (NYSE:BIPC) from Equal-Weight to Overweight and announces $73 price target.
UPDATE: Brookfield Infrastructure Partners Offer For Inter Pipeline Revised To Include Option For IPL Shareholders To Elect To Receive 100% Cash Consideration At C$19.50/Share Without Proration
June 18, 7:02 AM
Brookfield Infrastructure Partners L.P. (NYSE:BIP, TSX:BIP), together with its institutional partners (collectively, “Brookfield Infrastructure”, “we” or “our”), is pleased to announce
Brookfield Infrastructure Partners Issues Response To Inter Pipeline, Files Notice Of Variation, Change, Extension Of Terms Of Offer At C$19.75/Share
June 4, 7:14 AM
Offer Highlights Aggregate cash and share-based consideration totalling C$19.751 per Inter Pipeline Ltd. (TSX:IPL) (“IPL” or the “Company”) share representing a 4.4% premium to the Pembina