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Video: What is a Stock Split?
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Fisker is focused on the automotive business that is engaged in vehicle development, customer experience, and sales and service. Co.'s business model is the Fisker Flexible Platform Agnostic Design, a proprietary process that allows the design and development of a vehicle to be adapted to any given electric vehicle (EV) platform in the specific segment size. The process focuses on creating vehicle designs that can be adapted to match the hard points on an EV platform initially developed by a third-party. Co.'s primary model, the all-electric Fisker Ocean, is a five-passenger vehicle with a range, depending on specification, of between 250 and 350-miles. According to our FSR split history records, Fisker has had 3 splits. | |
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Fisker (FSR) has 3 splits in our FSR split history database. The first split for FSR took place on April 17, 1989. This was a 2 for 1
split, meaning for each share of FSR 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. FSR's second split took place on January 16, 1997. This was a 3 for 1
split, meaning for each share of FSR owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 6000 share position following the split. FSR's third split took place on April 16, 1999. This was a 3 for 1
split, meaning for each share of FSR owned pre-split, the shareholder now owned 3 shares. For example, a 6000 share position pre-split, became a 18000 share position following the split.
When a company such as Fisker 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 FSR split history from start to finish, an original position size of 1000 shares would have turned into 18000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fisker shares, starting with a $10,000 purchase of FSR, presented on a split-history-adjusted basis factoring in the complete FSR split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/03/2018 |
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End date: |
03/25/2024 |
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Start price/share: |
$9.60 |
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End price/share: |
$0.09 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.06% |
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Average Annual Total Return: |
-57.35% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$93.79 |
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Years: |
5.48 |
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Date |
Ratio |
04/17/1989 | 2 for 1
| 01/16/1997 | 3 for 1
| 04/16/1999 | 3 for 1
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