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Video: What is a Stock Split?


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Select Comfort is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Sleep Number® bed provides individualized comfort that is adjustable on each side of the bed. SleepIQ® technology is a touchless, biometric sensor technology that tracks sleep during the night. The SleepIQ Kids™ bed extends Sleep Number's core DualAir adjustability and SleepIQ technology to the children's mattress market. The it™ bed features the SleepIQ technology and ActiveComfort technology. The Sleep Number 360™ smart bed platform delivers adjustability, sleep tracking and connectivity. Co. also provides FlexFit™ adjustable base technology and Sleep Number® bedding collection. According to our SCSS split history records, SCSS has had 1 split.
SCSS split history picture
SCSS (SCSS) has 1 split in our SCSS split history database. The split for SCSS took place on June 09, 2006. This was a 3 for 2 split, meaning for each 2 shares of SCSS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.

When a company such as SCSS 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 SCSS split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SCSS shares, starting with a $10,000 purchase of SCSS, presented on a split-history-adjusted basis factoring in the complete SCSS split history. SCSS split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 10/14/2009
End date: 10/31/2017
Start price/share: $6.63
End price/share: $32.50
Dividends collected/share: $0.00
Total return: 390.20%
Average Annual Total Return: 21.83%
Starting investment: $10,000.00
Ending investment: $49,034.06
Years: 8.05
Date Ratio
06/09/20063 for 2
SCSS is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

SCVL Split History
SERV Split History
SFS Split History
SGA Split History
SHFL Split History
SHLD Split History
SIG Split History
SIX Split History
SJR Split History
SKS Split History

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