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Video: What is a Stock Split?
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DouYu International Holdings is a holding company. Through its subsidiaries, Co. operates platform on PC and mobile apps, through which users can enjoy gaming and entertainment live streaming. Co. provides a range of live streaming content with a primary focus on games, especially on eSports. Co.'s diverse content also covers other entertainment options such as talent shows, music and outdoor activities. Co.'s non-game content also complements Co.'s game content. Co.'s games content focuses on eSports. Co.'s game streaming content is generated primarily from eSports. In addition to eSports games, Co. also provides other games genres such as role-playing games and console-based games. According to our DouYu International Holdings stock split history records, DouYu International Holdings has had 1 split. | |
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DouYu International Holdings (DOYU) has 1 split in our DouYu International Holdings stock split history database. The split for DOYU took place on March 28, 2024. This was a 1 for 10 reverse split, meaning for each 10 shares of DOYU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as DouYu International Holdings 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 DouYu International Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DouYu International Holdings shares, starting with a $10,000 purchase of DOYU, presented on a split-history-adjusted basis factoring in the complete DouYu International Holdings stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/18/2019 |
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End date: |
04/19/2024 |
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Start price/share: |
$110.50 |
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End price/share: |
$8.06 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-92.71% |
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Average Annual Total Return: |
-42.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$729.63 |
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Years: |
4.76 |
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Date |
Ratio |
03/28/2024 | 1 for 10 |
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