[valuearb]

“Accessibility” is always a bogus reason nowadays. Stock commissions are dirt cheap so there is little reason to buy in lot sizes anymore. If you have $320,000 in your account you can buy a single share of Berkshire Hathaway for less than a $10 commission.

Stock splits are just a low grade attempt to pump up the stock price.

[betterunix2]

Accessibility does not just refer to retail investors, it also refers to institutional investors who are constrained by liquidity rules; this is why Berkshire Hathaway created its class B shares.