The company executed a 10-for-1 stock split that took place over the weekend of October 1 st, 2022. Shares have tacked on 2.3% in value following the split so far, easily crushing Tesla's performance. Still, the performance has widely lagged behind the S&P 500's 11% gain during the period. Image Source: Zacks Investment Research Palo Alto Networks Palo Alto Networks offers network security solutions to enterprises, service providers, and government entities worldwide. PANW's three-for-one stock split in mid-September seemingly flew under the radar. The company's shares started trading on a split-adjusted basis on September 14 th. Since the split, PANW shares haven't found many buyers, down roughly 8% and underperforming the general market by a visible margin. Image Source: Zacks Investment Research Bottom Line With splits, liquidity within shares is increased.