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Video: What is a Stock Split?


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Aries I Acquisition is a newly incorporated blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. According to our RAM split history records, Aries I Acquisition has had 1 split.
RAM split history picture
Aries I Acquisition (RAM) has 1 split in our RAM split history database. The split for RAM took place on July 20, 1992. This was a 2 for 1 split, meaning for each share of RAM 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 Aries I Acquisition 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 RAM 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 Aries I Acquisition shares, starting with a $10,000 purchase of RAM, presented on a split-history-adjusted basis factoring in the complete RAM split history. RAM split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 07/12/2021
End date: 12/06/2022
Start price/share: $9.75
End price/share: $10.20
Dividends collected/share: $0.00
Total return: 4.62%
Average Annual Total Return: 3.27%
Starting investment: $10,000.00
Ending investment: $10,461.70
Years: 1.40
Date Ratio
07/20/19922 for 1
RAM is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

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