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Video: What is a Stock Split?
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Peraso, together with its subsidiaries is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs), for the cloud networking, communications, security appliance, video, monitor and test, data center and computing markets. Co.'s IC products consist of: Accelerator Engines, which include the Bandwidth Engine, which is targeted for applications where throughput is critical; and the Programmable HyperSpeed Engine, which combines the features of the Bandwidth Engine with 32 reduced instruction set computer processors to allow user-defined functions or algorithms to be embedded in the Programmable HyperSpeed Engine. According to our Peraso stock split history records, Peraso has had 1 split. | |
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Peraso (PRSO) has 1 split in our Peraso stock split history database. The split for PRSO took place on January 03, 2024. This was a 1 for 40 reverse split, meaning for each 40 shares of PRSO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 25 share position following the split.
When a company such as Peraso 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 Peraso stock split history from start to finish, an original position size of 1000 shares would have turned into 25 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Peraso shares, starting with a $10,000 purchase of PRSO, presented on a split-history-adjusted basis factoring in the complete Peraso stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$138.00 |
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End price/share: |
$1.40 |
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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: |
-36.81% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$101.50 |
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Years: |
10.00 |
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Date |
Ratio |
01/03/2024 | 1 for 40 |
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