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There are a few stocks with a price per share that has risen into the four digits. These stocks look very expensive, and for certain investors, a high share price could potentially be a symbol of a company’s success. Some high-priced stocks have been outstanding performers over recent years.
However, the dollar price of a stock doesn’t tell you much about a company’s underlying value. That’s because a high share price has more to do with a company’s ownership structure than its business fundamentals.
Expensive shares might even deter investors who feel there’s limited upside for a stock. In addition, smaller investors may not be able to afford a single share of a highly-priced stock.
In this list, Forbes Advisor rounds up the 10 public companies that have the most expensive share prices on major U.S. stock exchanges.