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Video: What is a Stock Split?
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Aterian is a technology-enabled consumer products platform that uses data science (which includes but is not limited to, machine learning, natural language processing, and data analytics) to design, develop, market and sell products. Co. owns and operates brands which sell products in various categories, including home and kitchen appliances, kitchenware, heating, cooling and air quality appliances (dehumidifiers, humidifiers and air conditioners), health and beauty products and essential oils. Co.'s brands are hOmeLabs; Vremi, Squatty Potty; Xtava; RIF6; Aussie Health; Holonix; Truweo; Mueller; Pursteam; Pohl and Schmitt; Spiralizer; Healing Solutions; and Photo Paper Direct. According to our Aterian stock split history records, Aterian has had 1 split. | |
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Aterian (ATER) has 1 split in our Aterian stock split history database. The split for ATER took place on March 22, 2024. This was a 1 for 12 reverse split, meaning for each 12 shares of ATER owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 83.3333333333333 share position following the split.
When a company such as Aterian conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the Aterian stock split history from start to finish, an original position size of 1000 shares would have turned into 83.3333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Aterian shares, starting with a $10,000 purchase of ATER, presented on a split-history-adjusted basis factoring in the complete Aterian stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/13/2019 |
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End date: |
03/27/2024 |
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Start price/share: |
$110.04 |
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End price/share: |
$2.84 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-97.42% |
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Average Annual Total Return: |
-53.38% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$258.15 |
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Years: |
4.79 |
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Date |
Ratio |
03/22/2024 | 1 for 12 |
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