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FNSR (FNSR) has 1 split in our FNSR split history database. The split for FNSR took place on April 13, 2000. This was a 3 for 1 split, meaning for each share of FNSR owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as FNSR 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 FNSR split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into FNSR shares, starting with a $10,000 purchase of FNSR, presented on a split-history-adjusted basis factoring in the complete FNSR split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||0.16%|
|Finisar is engaged in optical communications, providing components and subsystems to networking equipment manufacturers, data center operators, telecom service providers, consumer electronics and automotive companies. Co.'s optical subsystems consist primarily of transmitters, receivers, transceivers, transponders and active optical cables, which provide the optical-electrical, or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks as well as the antennas and base stations used in wireless networks. Co. also provides products known as wavelength selective switches. According to our FNSR split history records, FNSR has had 1 split.|
|FNSR Split History Table|
|04/13/2000||3 for 1|
|Technology Stock Splits|
|FNSR is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: FNSR shares outstanding history
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