 |
 Video: What is a Stock Split?
|
|
|
| Pardes Biosciences is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. According to our FSII split history records, FSII has had 1 split. | |
|
FSII (FSII) has 1 split in our FSII split history database. The split for FSII took place on June 20, 1995. This was a 2 for 1
split, meaning for each share of FSII owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as FSII 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 FSII split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FSII shares, starting with a $10,000 purchase of FSII, presented on a split-history-adjusted basis factoring in the complete FSII split history.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
02/18/2021 |
|
| End date: |
12/23/2021 |
|
| Start price/share: |
$10.65 |
|
| End price/share: |
$9.80 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-7.98% |
|
| Annualized Gain: |
-9.46% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$9,202.00 |
|
| Years: |
0.84 |
|
|
|
| Date |
Ratio |
| 06/20/1995 | 2 for 1
|
|
|
Free FSII Email Alerts:
