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Video: What is a Stock Split?
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Kidpik Corp. is an online clothing subscription box for kids. Co. provides kids clothing subscription boxes for boys and girls of varying sizes from toddler to youth that include mix-&-match coordinated outfits that are personalized based on each member's style preferences. It focuses on providing entire outfits from head-to-toe (including shoes) by designing each seasonal collection in-house from concept to box. It offers all apparel categories, including tops, bottoms, cardigans, jackets, dresses, and swimwear, in knit and woven fabrications. Shoes are available from size seven toddler to size six youth, including sneakers, boots, sandals, and dress shoes. According to our PIK split history records, Kidpik has had 1 split. | |
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Kidpik (PIK) has 1 split in our PIK split history database. The split for PIK took place on March 07, 2024. This was a 1 for 5 reverse split, meaning for each 5 shares of PIK owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split.
When a company such as Kidpik 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 PIK split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Kidpik shares, starting with a $10,000 purchase of PIK, presented on a split-history-adjusted basis factoring in the complete PIK split history.

Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/12/2021 |
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End date: |
12/24/2024 |
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Start price/share: |
$37.95 |
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End price/share: |
$2.38 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-93.73% |
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Average Annual Total Return: |
-58.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$627.12 |
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Years: |
3.12 |
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Date |
Ratio |
03/07/2024 | 1 for 5 |
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