28 September 2022
By : Quick Insurance Guru
On August 4th, 2022, Tesla's stockholders approved a 3-for-1 stock split.
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On August 25, Tesla shares will start trading at the post-split price.
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What is a Stock Split?
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You need to understand stock price calculation methodology in order to understand how a stock split works.
What is a Stock Split?
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The market capitalization is determined by calculating the market values of shares held.
Reverse stock splits
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Stock splits should not be confused with reversed stock splits. Shares of a company are split in reverse.
Reverse stock splits
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Reverse splits happen because the price of a stock has increased.
Reverse stock splits
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The business is likely not doing well if it worries about the stock price going too low.
Benefits
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The ability for people with lesser accounts to participate in Tesla is the key benefit of the company's share splitting.
Benefits
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Stock investing is very accessible due to the fact that not everyone has $1,000 in stock for their investments.
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Tesla Stock Split 2022 : What You Need to Know