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Video: What is a Stock Split?
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Nextdoor Holdings is a neighborhood network that connects neighborhood stakeholders, including neighbors, businesses, and public services. Co.'s product, Active Valued Community, is an engaged community of neighbors, businesses, and public services to exchange information, goods, and services. Co.'s advertising solutions include: Ad Placements, in which advertisers can engage with their customers through Newsfeed, In-App Digest and Email Digest, For Sale and Free, and Search; Ad Formats, which include sponsored posts, Paid Search Listings, Neighborhood Sponsorships, and Local Deals; and Ad Auction, which allows Co. to serve ads to neighbors. According to our Nextdoor Holdings stock split history records, Nextdoor Holdings has had 1 split. | |
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Nextdoor Holdings (KIND) has 1 split in our Nextdoor Holdings stock split history database. The split for KIND took place on May 28, 2004. This was a 2 for 1 split, meaning for each share of KIND 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 Nextdoor Holdings 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 Nextdoor Holdings 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 Nextdoor Holdings shares, starting with a $10,000 purchase of KIND, presented on a split-history-adjusted basis factoring in the complete Nextdoor Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/09/2021 |
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End date: |
04/18/2024 |
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Start price/share: |
$13.50 |
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End price/share: |
$1.95 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-85.56% |
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Average Annual Total Return: |
-54.77% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,444.80 |
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Years: |
2.44 |
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Date |
Ratio |
05/28/2004 | 2 for 1 |
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