Walmart’s stock is about to appear a whole lot cheaper | CNN Business

New York CNN  — 

Walmart is rolling back the prices for investors, too.

That’s because mega retailer is issuing a 3-for-1 stock split, the company announced on Tuesday.

A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close of business on February 22 will get two new shares of Walmart for every share they own.

The price of Walmart (WMT) shares following the stock split, which will take effect after markets close on February 23, will be divided by three when

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