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Professional Diversity Network is a holding company. Through its subsidiaries, Co. is an operator of networks with a focus on diversity, employment, education and training. Co. business segments are: Professional Diversity Network, which includes online networking communities with career resources tailored to the needs of various cultural groups and employers looking to hire members of such groups; and National Association of Professional Women, a women-only networking organization. Co. serves a variety of such communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender. According to our Professional Diversity Network stock split history records, Professional Diversity Network has had 2 splits.
Professional Diversity Network stock split history picture
Professional Diversity Network (IPDN) has 2 splits in our Professional Diversity Network stock split history database. The first split for IPDN took place on September 27, 2016. This was a 1 for 8 reverse split, meaning for each 8 shares of IPDN owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 125 share position following the split. IPDN's second split took place on January 05, 2023. This was a 1 for 2 reverse split, meaning for each 2 shares of IPDN owned pre-split, the shareholder now owned 1 share. For example, a 125 share position pre-split, became a 62.5 share position following the split.

When a company such as Professional Diversity Network 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 Professional Diversity Network stock split history from start to finish, an original position size of 1000 shares would have turned into 62.5 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Professional Diversity Network shares, starting with a $10,000 purchase of IPDN, presented on a split-history-adjusted basis factoring in the complete Professional Diversity Network stock split history. Professional Diversity Network split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $55.20
End price/share: $1.66
Dividends collected/share: $0.00
Total return: -96.99%
Average Annual Total Return: -29.57%
Starting investment: $10,000.00
Ending investment: $300.60
Years: 10.00
Date Ratio
09/27/20161 for 8
01/05/20231 for 2
IPDN is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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Also explore: IPDN shares outstanding history

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