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Video: What is a Stock Split?
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Aditxt is a biotech company. Co. is developing and commercializing technologies with a focus on monitoring and modulating the immune system. Co.'s portfolio includes the following programs: Adimune, which are immune modulation technologies designed to retrain the immune system to induce tolerance with an objective of addressing rejection of transplanted organs, autoimmune diseases, and allergies; and AditxtScore, which are immune monitoring technologies designed to provide a personalized comprehensive profile of the immune system. According to our ADTX split history records, Aditxt has had 2 splits. | |
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Aditxt (ADTX) has 2 splits in our ADTX split history database. The first split for ADTX took place on September 14, 2022. This was a 1 for 50 reverse split, meaning for each 50 shares of ADTX owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 20 share position following the split. ADTX's second split took place on August 18, 2023. This was a 1 for 40 reverse split, meaning for each 40 shares of ADTX owned pre-split, the shareholder now owned 1 share. For example, a 20 share position pre-split, became a 0.5 share position following the split.
When a company such as Aditxt conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the ADTX split history from start to finish, an original position size of 1000 shares would have turned into 0.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Aditxt shares, starting with a $10,000 purchase of ADTX, presented on a split-history-adjusted basis factoring in the complete ADTX split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/01/2020 |
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End date: |
03/28/2024 |
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Start price/share: |
$9,100.00 |
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End price/share: |
$3.40 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.96% |
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Average Annual Total Return: |
-87.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3.74 |
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Years: |
3.74 |
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Date |
Ratio |
09/14/2022 | 1 for 50 | 08/18/2023 | 1 for 40 |
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