What happens to a stock when a company spins off a large size of its business?

- Reddit user watched a video about YouTube beating Netflix and Disney in streaming wars - User wonders what would happen stock-wise if Google and YouTube split - Suggests splitting $GOOG into two tickers proportional to the company's value - Asks if there is any recent precedent for this situation - CNBC website experiencing technical difficulties - Several sections and links within the website are not working - Users are directed to opt-out of data sharing for targeted advertising - Opt-out forms and cookies settings are provided for users' privacy preferences

🚨 Reddit sentiment: mixed/positive - Most comments discuss the positive impacts of spinoffs on both the parent and new company stocks, though there are some concerns about operational efficiency and strategic reasons for the splits. Summarized comments: - Dell stock got cut in half when they spun off VMware, but both stocks increased in value afterwards - Dell stock surged after VMware was acquired by Broadcom - HP shareholders received Agilent shares when HP spun off Agilent Technologies in 2000 - Companies may split off divisions that grow too big to function efficiently as part of the main business - Investors prefer more focused companies and don’t like a mix of growth and stable assets - GE's stock went up along with its spinoffs - There are many examples of recent spinoffs, including GE and 3M - Divisions spun off may operate more efficiently and take more risks - Splits can increase founder wealth, as seen with SpaceX and Twitter not being part of Tesla Stock tickers discussed: $DELL, $VMW, $AVGO, $HPQ, Agilent, Google, McDonald's, Chipotle, $GE, $MMM