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Jean-Michel Frank (28 February 1895 – 8 March 1941) was a French interior designer known for minimalist interiors decorated with plain-lined but sumptuous furniture made of luxury materials, such as shagreen, mica, and intricate straw marquetry.
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
[2] Using orange crates to mock-up and refine their idea, they invented a wood-slat porch chair with a reclining mechanism. Knabusch and Shoemaker then upholstered their innovation and marketed it as a year-round chair. The chair was a success; they held a contest to name it—La-Z-Boy was the winner. [3]
A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
B.F. Huntley Furniture began in 1906 on Patterson Avenue in Winston-Salem, North Carolina and grew into the largest bedroom and dining room furniture manufacturer in the country. Its Winston-Salem plant burned in 1956, though a two-story office building built in 1921 remained and became part of a new plant. In 1961, Huntley Furniture and ...
Image source: Getty Images. The fine print. Supermicro announced in a regulatory filing that its board of directors had approved a 10-for-1 forward stock split.