Question: HiStock Corp's stock is now at $380 per share. Management is proposing to have a stock split of 9:1 in order to get the stock
HiStock Corp's stock is now at $380 per share. Management is proposing to have a stock split of 9:1 in order to get the stock price down to a more optimal trading level. What would the stock price be after the split?
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After a 91 stock split each share would be split into 9 shares which ... View full answer
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