I was wondering what'd happen to a stock price when it splits and whether the price would go up or down or ...
>If it split 2-for-1 I'd say the price gets cut in half. Am I right?
>I'd say random. Am I right?
>And you decided to check it out, right?
>I recognize the first guy, but what are the others?
I just searched for stocks that split and found a few ... just to see what happened at the time of the stock split.
>And your conclusion is ... what?
I have no idea. I'm still thinking ...
>If I look at the left chart I'd think that the stock goes up ... eventually.
And if I look at the right chart it seems to go down, in the short term.
>But don't they announce the split, weeks before it happens?
Yes, I guess. Sometimes a month before, sometimes several months.
>And wouldn't that affect the stock price ... at the time they announce the split?
I have no idea.
>Is that all you can say?
I have no idea, but Shell Canada had a stock split in June, 2005:
>So the price drops when the announcement is made ... sometimes, right?