When a company such as DEST splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the DEST split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DEST shares, starting with a $10,000 purchase of DEST, presented on a split-history-adjusted basis factoring in the complete DEST split history.

About DEST

Destination Maternity is a designer and retailer of maternity apparel. Co. operates in various retail locations, including stores in the U.S., Canada and Puerto Rico, and leased departments located within department stores and baby specialty stores throughout the U.S. and in Puerto Rico. Co. also sells its merchandise on the Internet, primarily through its Motherhood.com, APeaInThePod.com and DestinationMaternity.com websites. In addition, Co. has international store and product supply relationships in the Middle East, South Korea, Mexico and Israel. Co. has various international franchised locations, comprised of stand-alone stores and shop-in-shop locations. According to our DEST split history records, DEST has had 2 splits.

DEST Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved