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 Video: What is a Stock Split?
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| Wix.com is a global cloud-based web development platform for registered users and creators worldwide. Co. provides its solutions through a Software-as-a-Service business model. Co.'s platform consists of the following web creation products: Wix ADI, intended for website creation, the Wix Editor, intended for website creation targeted at users with basic, average or above average technological skills, and Editor X, intended for users such as design personnel. Co.'s platform also includes a development environment called Velo by Wix, through which users can combine the products and solutions its platform provides with developer capabilities to create websites and web applications. According to our WIX split history records, Wix.com has had 1 split. | |
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Wix.com (WIX) has 1 split in our WIX split history database. The split for WIX took place on May 14, 1996. This was a 2 for 1
split, meaning for each share of WIX 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 Wix.com 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 WIX 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 Wix.com shares, starting with a $10,000 purchase of WIX, presented on a split-history-adjusted basis factoring in the complete WIX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/18/2024 |
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| Start price/share: |
$22.00 |
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| End price/share: |
$121.77 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
453.50% |
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| Average Annual Total Return: |
18.67% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$55,361.23 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 05/14/1996 | 2 for 1
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