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Video: What is a Stock Split?
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Jowell Global is a holding company. Through its subsidiaries, Co. serves customers using its retail website www.1juhao.com and mobile applications, engages in online sale of cosmetic products, health and nutritional supplements and household products sourced from manufacturers and distributors in People's Republic of China, and provides an online marketplace that also enables third-party sellers to sell their products on its online platform. The following categories of products Co. sells on its platform: health and nutritional supplements and foods; cosmetics; skin care; body care; for baby and children; washing items; fragrances; food; electronics; apparel; and household products. According to our Jowell Global stock split history records, Jowell Global has had 1 split. | |
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Jowell Global (JWEL) has 1 split in our Jowell Global stock split history database. The split for JWEL took place on October 27, 2023. This was a 1 for 16 reverse split, meaning for each 16 shares of JWEL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 62.5 share position following the split.
When a company such as Jowell Global 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 Jowell Global stock split history from start to finish, an original position size of 1000 shares would have turned into 62.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Jowell Global shares, starting with a $10,000 purchase of JWEL, presented on a split-history-adjusted basis factoring in the complete Jowell Global stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/18/2021 |
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End date: |
05/06/2024 |
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Start price/share: |
$116.16 |
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End price/share: |
$1.17 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.99% |
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Average Annual Total Return: |
-76.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$100.71 |
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Years: |
3.14 |
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Date |
Ratio |
10/27/2023 | 1 for 16 |
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