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Both companies split their stock 20-for-1 in 2022, when each traded for more than $2,000 per share. This brought them down to more reasonable levels, at a split-adjusted $100 per share.
This has been a year filled with high-profile stock splits. Nvidia 's (NASDAQ: NVDA) probably takes the cake, but plenty of other big names attracted attention, like Chipotle Mexican Grill ...
One stock that might be feeling left out these days is Meta Platforms (NASDAQ: META), formerly known as Facebook, which hasn't done a split yet. But the social media company has seen its share ...
[43] The stock closed its second full week of trading on June 1 at $27.72. By June 6 investors had lost $40 billion. [44] Facebook ended its third full week at $27.10, slightly lower than a week previous. [45] The stock stayed below the $38 mark for months and finally bottomed out in September 2012 below $18. [46]
When a stock splits, many charts show it similarly to a dividend payout and therefore do not show a dramatic dip in price. Taking the same example as above, a company with 100 shares of stock priced at $50 per share. The company splits its stock 2-for-1. There are now 200 shares of stock and each shareholder holds twice as many shares.
Facebook co-founder Chris Hughes stated in 2019 that CEO Mark Zuckerberg has too much power, that the company is now a monopoly, and that, as a result, it should be split into multiple smaller companies. He called for the breakup of Facebook in an op-ed in The New York Times.
Six years later, the stock split again, this time at a 4-to-1 ratio. In all, Apple has split its stock five times in its history. ... 2022. The effective date of the split is March 15, 2022. So ...
Facebook Photos [12] 7 Friendster patents USA, Mountain View, California / Malaysia, Kuala Lumpur: May 13, 2010 40,000,000 — — — [13] 8 ShareGrove USA, San Mateo, California: May 26, 2010 — Kent Libbey, Adam Wolff Elm Street Ventures Facebook Groups [14] 9 Zenbe USA, New York, NY, New York: July 6, 2010 — Tom Alison, Will Bailey ...