Search results
Results from the WOW.Com Content Network
This marks the third split in the company's history since going public in June 1998, and is its largest forward split, following a 2-for-1 forward split in January 2000 and a 1-for-10 reverse ...
Recently, MicroStrategy (NASDAQ: MSTR) jumped into the excitement around stock splits, announcing that it will split its shares on a 10-for-1 basis effective August 1. It has been a strong year ...
There's been no shortage of companies executing a forward stock split in 2024. Among these are electronics giant Sony Group (NYSE: SONY) and software company MicroStrategy (NASDAQ: MSTR).Sony's 5 ...
Its stock price, which had risen from $7 per share to as high as $333 per share in a year, fell $120 per share, or 62%, in a day in what is regarded as the bursting of the dot-com bubble. [ 14 ] In December 2000, the U.S. Securities and Exchange Commission brought charges against the company and its executives. [ 15 ]
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company ...
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
The company's 10-for-1 split occurred in August. MicroStrategy's decision to perform a stock split came on the heels of its share price skyrocketing over 100% in 2024. In fact, last October ...
The bet has paid off so far, as MicroStrategy's $15.9 billion Bitcoin hoard has launched its market capitalization to over $37 billion, prompting a 10-for-1 stock split in August 2024. So if you ...