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|P Stock Split History|
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P (P) has 2 splits in our P split history database. The first split for P took place on July 05, 1985. This was a 3 for 1 split, meaning for each share of P 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. P's second split took place on February 01, 2019. This was a 144 for 100 split, meaning for each 100 shares of P owned pre-split, the shareholder now owned 144 shares. For example, a 3000 share position pre-split, became a 4320 share position following the split.
When a company such as P 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 P split history from start to finish, an original position size of 1000 shares would have turned into 4320 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into P shares, starting with a $10,000 purchase of P, presented on a split-history-adjusted basis factoring in the complete P split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-4.65%|
|Pandora Media is a music discovery platform providing music through mobile devices, car speakers or connected devices in the home. The Music Genome Project, Co.'s content programming algorithms allow Co. to predict listener music preferences, play music content suited to the tastes of each individual listener and introduce listeners to the music. Co. also enables artists with data and tools to help grow their audience and connect with their fans. Co. provides local and national advertisers capabilities to deliver targeted messages to its listeners using a combination of audio, display and video advertisements. According to our P split history records, P has had 2 splits.|
|P Split History Table|
|07/05/1985||3 for 1|
|02/01/2019||144 for 100|
|Technology Stock Splits|
|P 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: P shares outstanding history