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Video: What is a Stock Split?
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Mogu is a holding company. Through its subsidiaries, Co. operates online platform that primarily provides to its users a selection of fashion apparel and other products provided by third party merchants in the People's Republic of China through mobile apps, including Mogujie app, Meilishuo app, mini-programs on Weixin, Weixin pay and QQ Wallet entryways, and Mogu.com, Mogujie.com and Meilishuo.com websites. Co. also provides online marketing, commission, financing and other relevant services to merchants and users. Co.'s online platform serves as a one-stop destination where it distills fashion styles and trends into engaging content tailored for its users. According to our MOGU stock split history records, MOGU has had 1 split. | |
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MOGU (MOGU) has 1 split in our MOGU stock split history database. The split for MOGU took place on March 28, 2022. This was a 1 for 12 reverse split, meaning for each 12 shares of MOGU 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 MOGU 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 MOGU 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 MOGU shares, starting with a $10,000 purchase of MOGU, presented on a split-history-adjusted basis factoring in the complete MOGU stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/07/2018 |
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End date: |
04/24/2024 |
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Start price/share: |
$161.76 |
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End price/share: |
$1.78 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.90% |
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Average Annual Total Return: |
-56.75% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$109.98 |
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Years: |
5.38 |
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Date |
Ratio |
03/28/2022 | 1 for 12 |
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