This week Google pulled one of the more unusual technical maneuvers the Stock Market has not seen in a while, it’s splitting its stock 2-for-1. While that does not sound unusual there is a twist. The new shares will have no voting power. So while the value in your investment will not change your say over how Google is run will. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business The Willis Report to discuss Google’s recent maneuver and its true impact for the shareholders vs. the board members.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.