Company stock price-stock split
Gamma Medical's stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming the stock split will have no effect on the total market value of its equity, what will be the company's stock price following the stock split?
Now Priced at $5 (50% Discount)
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The company is contemplating a 3-for-2 stock split. Assuming the stock split will have no effect on the total market value of its equity, what will be the company's stock price following the stock split?
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