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Video: What is a Stock Split?
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View and its wholly-owned subsidiaries is a technology company that manufactures smart building products intended to help improve people's health, productivity and experience, while simultaneously reducing energy consumption. Co.'s primary product is a proprietary electrochromic or smart glass panel that when combined with Co.'s proprietary network infrastructure and software, intelligently adjusts in response to the sun by tinting from clear to dark states, and vice versa thereby reducing heat and glare. Co. is engaged in the manufacturing, sale and further development of its product platforms, and marketing of both custom and standardized product solutions. According to our View Inc - Class A stock split history records, View Inc - Class A has had 1 split. | |
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View Inc - Class A (VIEW) has 1 split in our View Inc - Class A stock split history database. The split for VIEW took place on July 27, 2023. This was a 1 for 60 reverse split, meaning for each 60 shares of VIEW owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 16.6666666666667 share position following the split.
When a company such as View Inc - Class A 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 View Inc - Class A stock split history from start to finish, an original position size of 1000 shares would have turned into 16.6666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into View Inc - Class A shares, starting with a $10,000 purchase of VIEW, presented on a split-history-adjusted basis factoring in the complete View Inc - Class A stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/20/2020 |
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End date: |
04/04/2024 |
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Start price/share: |
$582.00 |
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End price/share: |
$0.33 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.94% |
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Average Annual Total Return: |
-88.49% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5.67 |
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Years: |
3.46 |
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Date |
Ratio |
07/27/2023 | 1 for 60 |
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