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Video: What is a Stock Split?
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Sprinklr provides enterprise cloud software products that enable organizations to do marketing, advertising, research, care, sales and engagement across various channels including social, messaging, chat and text through its unified Customer Experience Management (CXM) software platform. Co.'s Sprinklr Unified-CXM Platform is a single unified platform with four product suites. The four key product suites are: Modern Research; Modern Care; Modern Marketing & Advertising; and Social Engagement and Sales. Co.'s Unified-CXM Platform provides various common features and capabilities, which are shared across all products including: Sandbox, Integrations and Application programming interfaces. According to our Sprinklr stock split history records, Sprinklr has had 1 split. | |
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Sprinklr (CXM) has 1 split in our Sprinklr stock split history database. The split for CXM took place on July 18, 2013. This was a 1 for 20 reverse split, meaning for each 20 shares of CXM owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split.
When a company such as Sprinklr 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 Sprinklr stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sprinklr shares, starting with a $10,000 purchase of CXM, presented on a split-history-adjusted basis factoring in the complete Sprinklr stock split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/24/2021 |
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End date: |
03/27/2024 |
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Start price/share: |
$19.64 |
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End price/share: |
$13.01 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-33.76% |
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Average Annual Total Return: |
-13.87% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,623.65 |
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Years: |
2.76 |
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Date |
Ratio |
07/18/2013 | 1 for 20 |
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