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Polished operates a content-driven and technology-enabled shopping destination for appliances, furniture and home goods. Co. carries various household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Jenn-Air and Viking, among others. Co. sells household appliances, including refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers and dryers. Co. also sells furniture, decor, bed and bath, lighting, outdoor living, electronics categories, fitness equipment, plumbing fixtures, air conditioners, fireplaces, fans, dehumidifiers, humidifiers, air purifiers and televisions. According to our POL split history records, Polished has had 1 split.
POL split history picture
Polished (POL) has 1 split in our POL split history database. The split for POL took place on October 20, 2023. This was a 1 for 50 reverse split, meaning for each 50 shares of POL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 20 share position following the split.

When a company such as Polished 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 POL split history from start to finish, an original position size of 1000 shares would have turned into 20 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Polished shares, starting with a $10,000 purchase of POL, presented on a split-history-adjusted basis factoring in the complete POL split history. POL split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 08/03/2020
End date: 02/20/2024
Start price/share: $450.00
End price/share: $1.90
Dividends collected/share: $0.00
Total return: -99.58%
Average Annual Total Return: -78.56%
Starting investment: $10,000.00
Ending investment: $42.21
Years: 3.55
Date Ratio
10/20/20231 for 50
POL is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:

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PPP Split History
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PST Split History
PV Split History
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PZE Split History
RD Split History

Also explore: POL shares outstanding history

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