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On December 31, 2021, Shack Store Inc had 143 million shares outstanding, which traded for $643.29 per share. On January 02, 2022, the CEO announced
On December 31, 2021, Shack Store Inc had 143 million shares outstanding, which traded for $643.29 per share. On January 02, 2022, the CEO announced a 20-for-1 stock split. Every shareholder would receive 20 new shares for every old shares held prior to the announcement.
What will the stock price be after the split?
PLEASE ANSWER ASAP!!!!
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