Home |
Free Dividend Report |
Stock Splits Calendar |
MGAM Stock Split History |
Preferred Stock Newsletter |
MGAM Options Chain |
Stock Message Boards |
Mobile Global Esports Incorporation (MGAM) has 2 splits in our MGAM split history database. The first split for MGAM took place on February 12, 2002. This was a 3 for 2 split, meaning for each 2 shares of MGAM owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. MGAM's second split took place on March 01, 2004. This was a 2 for 1 split, meaning for each share of MGAM owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split.
When a company such as Mobile Global Esports Incorporation 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 MGAM 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 Mobile Global Esports Incorporation shares, starting with a $10,000 purchase of MGAM, presented on a split-history-adjusted basis factoring in the complete MGAM split history.
Growth of $10,000.00 Without Dividends Reinvested |
||
Start date: | 07/29/2022 | |
End date: | 04/23/2024 | |
Start price/share: | $11.19 | |
End price/share: | $0.04 | |
Dividends collected/share: | $0.00 | |
Total return: | -99.65% | |
Average Annual Total Return: | -96.15% | |
Starting investment: | $10,000.00 | |
Ending investment: | $34.91 | |
Years: | 1.74 |
About Mobile Global Esports Incorporation |
Mobile Global Esports is engaged in carrying on and expanding an esports business started by Sports Industry of India (SII), which is focused on the esports industry, with emphasis on India and other South Asian markets. According to our MGAM split history records, Mobile Global Esports Incorporation has had 2 splits. |
MGAM Split History Table | |
Date | Ratio |
02/12/2002 | 3 for 2 |
03/01/2004 | 2 for 1 |
Services Stock Splits |
MGAM is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:
MGM Split History
Free MGAM Email Alerts:
|
MGAM Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.