Splitting the Pizza
Apple underwent a 7-1 stock split last night, such that shares that traded at $645 yesterday opened this morning at $92. Much of the media coverage took a playful tone, e.g., “Don’t freak out. Here’s why Apple’s stock is below $100.” I was particularly intrigued by the brief story on today’s NPR Morning Edition.
Rothbard Graduate Seminar
The Rothbard Graduate Seminar, our signature event for advanced students in economics and related disciplines, began this morning with a terrific session on economic methodology.