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Shares of restaurant chain Wingstop (NASDAQ: WING) absolutely plunged on Wednesday after the company reported financial results for the third quarter of 2024. As of 3 p.m. ET, Wingstop stock was ...
If it's plausible for Wingstop to split its stock at $400 per share, then it's even more plausible for Domino's at more than $500 per share. Roughly a decade ago, it traded at around $70.
A stock split, by offering more shares to current holders, brings down the price of each individual share, something that may be necessary if gains have led a stock to reach very high levels. For ...
Wingstop opened its first international restaurant in Mexico in 2010. [9] Between 2014 and 2016, Wingstop was the third-fastest-growing restaurant chain in the US as measured by both system-wide sales and unit growth, according to Nation's Restaurant News. [10] [11] In 2015, Wingstop went public at an initial public offering price of $19 per ...
Stock splits often serve as a catalyst for stocks. Its revenue of $8.5 billion for the first three quarters of 2024 rose 15% from year-ago levels, including a 13% yearly increase for the third ...
The stock will trade on an ex-distribution basis (adjusted for the amount of the dividend paid) on the trading day after the dividend payment date, and thereafter. To be entitled to a special dividend of less than 25% of the share price, you need to be a stockholder on the record date.
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The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.