Apple stock surges on rumor of a stock split

Douglas Kass, a contributor for The Street, has tweeted that a stock split will be announced at tomorrow's shareholders meeting. We'd caution everyone that this is just a rumor and that he hasn't backed it up with any sort of hard evidence that a split will actually be announced.

High above the Alps my Gnome is hearing a rumor that Apple will announce a stock split at tomorrow's shareholder meeting

Apple's stock (AAPL) is up 1.38 percent to $448.90 after being down earlier this morning.