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 Video: What is a Stock Split?
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| Beam Therapeutics is a biotechnology company. Co. has identified four development candidates to date: three from its ex vivo platform, with two candidates targeting hemoglobinopathies and one candidate targeting T-cell leukemia, and one from its in vivo platform targeting glycogen storage disease. BEAM-102 directly corrects the causative mutation in sickle cell disease by recreating a naturally-occurring normal human hemoglobin variant, HbG-Makassar. BEAM-201 is an anti-CD7, multiplex edited, allogeneic chimeric antigen receptor T cell development candidate for the treatment of relapsed/refractory T-cell acute lymphoblastic leukemia. According to our BEAM split history records, Beam Therapeutics has had 1 split. | |
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Beam Therapeutics (BEAM) has 1 split in our BEAM split history database. The split for BEAM took place on December 04, 1995. This was a 3 for 2
split, meaning for each 2
shares of BEAM owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as Beam Therapeutics splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the BEAM split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Beam Therapeutics shares, starting with a $10,000 purchase of BEAM, presented on a split-history-adjusted basis factoring in the complete BEAM split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
02/07/2020 |
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| End date: |
09/10/2024 |
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| Start price/share: |
$20.62 |
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| End price/share: |
$23.65 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
14.69% |
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| Average Annual Total Return: |
3.03% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,469.02 |
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| Years: |
4.59 |
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| Date |
Ratio |
| 12/04/1995 | 3 for 2
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