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Video: What is a Stock Split?
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Amplitude is engaged in the production of Digital Optimization System for companies to analyse customer behaviour within digital products. Co. delivers its application over the internet as a subscription service using a software-as-a-service model. Co.'s Digital Optimization System serves as the command center for businesses to connect digital products to business outcomes. Co.'s Digital Optimization System consists of the following integrated components: Amplitude Analytics; Amplitude Recommend; Amplitude Experiment; Amplitude Behavioral Graph; and Data Management. Co. also provides customer support related to initial implementation setup, ongoing support services and application training. According to our AMPL split history records, Amplitude has had 1 split. | |
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Amplitude (AMPL) has 1 split in our AMPL split history database. The split for AMPL took place on July 23, 2012. This was a 1 for 20 reverse split, meaning for each 20 shares of AMPL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.
When a company such as Amplitude 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 AMPL split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Amplitude shares, starting with a $10,000 purchase of AMPL, presented on a split-history-adjusted basis factoring in the complete AMPL split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
09/29/2021 |
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End date: |
04/18/2024 |
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Start price/share: |
$54.01 |
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End price/share: |
$9.46 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-82.48% |
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Average Annual Total Return: |
-49.45% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,751.76 |
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Years: |
2.55 |
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Date |
Ratio |
07/23/2012 | 1 for 20 |
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