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Video: What is a Stock Split?
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Hudson Capital is a holding company. Through its subsidiaries, Co. is engaged in the business of providing financial advisory services to meet the financial and capital needs of its clients, which comprise of small-to-medium sized enterprises. Co. provides financial advisory services, including: commercial payment advisory services, international corporate financing advisory services, intermediary bank loan advisory services, and supply chain financing services. Additionally, Co. provides direct lending activities. Co. also makes loans mainly by depositing (entrusting) these funds into accounts with banks, which in turn will make loans to its clients. According to our HUSN split history records, HUSN has had 1 split. | |
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HUSN (HUSN) has 1 split in our HUSN split history database. The split for HUSN took place on February 15, 2022. This was a 454 for 1000 reverse split, meaning for each 1000 shares of HUSN owned pre-split, the shareholder now owned 454 shares. For example, a 1000 share position pre-split, became a 454 share position following the split.
When a company such as HUSN 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 HUSN split history from start to finish, an original position size of 1000 shares would have turned into 454 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HUSN shares, starting with a $10,000 purchase of HUSN, presented on a split-history-adjusted basis factoring in the complete HUSN split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
08/09/2017 |
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End date: |
05/26/2022 |
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Start price/share: |
$26.39 |
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End price/share: |
$1.66 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-93.71% |
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Average Annual Total Return: |
-43.82% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$629.04 |
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Years: |
4.80 |
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Date |
Ratio |
02/15/2022 | 454 for 1000 |
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