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Laabri

STOCK SPLITS / MARKET CAP

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Last updated about 4 years ago
4 Nsɛmmisa
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Asemmisa {{asɛmmisaAhyɛnsode}}
4.

What is Game Stop's Market Capitalization (Market Cap) AFTER the split? Explain your answer.

Asemmisa {{asɛmmisaAhyɛnsode}}
1.

Market conditions drove Game Stop's stock price very high very fast! The company now wants to institute a 5 for 1 stock split. The price per share was $150 per share. There are 50 billion shares in the market.

Formulas that will help below:

Market Cap = Number of shares outstanding X price per share.

What is Game Stop's Market Capitalization (Market Cap) BEFORE the split?

Asemmisa {{asɛmmisaAhyɛnsode}}
2.

What was the number of shares in the market AFTER the split?

Asemmisa {{asɛmmisaAhyɛnsode}}
3.

What was the price per share AFTER the split?