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 Video: What is a Stock Split?
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| PagerDuty is a digital operations management platform that manages work for a modern, digital business. Co. collects data and digital signals from virtually any software-enabled system or device and utilizes machine learning to correlate, process, and predict opportunities and issues. The PagerDuty Operations Platform's products include: PagerDuty Modern Incident Response, which provides a real-time view across the status of a digital service while incorporating noise reduction to remove false positives; and PagerDuty Rundeck Automation, which empowers users with the ability to create automated workflows and runbooks that span different scripts, tools, APIs, and system commands. According to our PagerDuty stock split history records, PagerDuty has had 2 splits. | |
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PagerDuty (PD) has 2 splits in our PagerDuty stock split history database. The first split for PD took place on June 09, 1992. This was a 2 for 1
split, meaning for each share of PD 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. PD's second split took place on March 13, 2006. This was a 2 for 1 split, meaning for each share of PD owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as PagerDuty 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 PagerDuty stock split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PagerDuty shares, starting with a $10,000 purchase of PD, presented on a split-history-adjusted basis factoring in the complete PagerDuty stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/12/2019 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$39.50 |
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| End price/share: |
$20.61 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-47.82% |
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| Average Annual Total Return: |
-12.14% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$5,218.79 |
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| Years: |
5.02 |
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| Date |
Ratio |
| 06/09/1992 | 2 for 1
| | 03/13/2006 | 2 for 1 |
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