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Video: What is a Stock Split?
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GoPro provides cameras, mountable and wearable accessories, and subscription services. Co. sells its products globally through retailers, distributors and on GoPro.com. Co.'s products include: cameras, which include its cloud connected HERO10 Black, HERO9 Black, HERO8 Black and MAX cameras; mounts and accessories, which are either bundled with a camera or sold separately; lifestyle gear, which include a line of bags, backpacks and cases; applications, which provide a media workflow for archiving, editing, multi-clip story creation and sharing content on the fly; and services, which provides a camera protection plan and a platform that enables subscribers to access, edit and share content. According to our GoPro stock split history records, GoPro has had 1 split. | |
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GoPro (GPRO) has 1 split in our GoPro stock split history database. The split for GPRO took place on October 01, 2003. This was a 2 for 1 split, meaning for each share of GPRO 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 GoPro 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 GoPro stock 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 GoPro shares, starting with a $10,000 purchase of GPRO, presented on a split-history-adjusted basis factoring in the complete GoPro stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/27/2014 |
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End date: |
04/19/2024 |
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Start price/share: |
$35.76 |
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End price/share: |
$1.70 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-95.25% |
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Average Annual Total Return: |
-26.67% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$475.53 |
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Years: |
9.82 |
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Date |
Ratio |
10/01/2003 | 2 for 1 |
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