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RX (RX) has 1 split in our RX split history database. The split for RX took place on January 19, 1999. This was a 2 for 1 split, meaning for each share of RX owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as RX 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 RX 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 RX shares, starting with a $10,000 purchase of RX, presented on a split-history-adjusted basis factoring in the complete RX split history.
RX -- use the split history when considering split-adjusted past price performance.
|The Company is a provider of market intelligence to the pharmaceutical and healthcare industries. According to our RX split history records, RX has had 1 split.|
|RX Split History Table|
|01/19/1999||2 for 1|
|Healthcare Stock Splits|
|RX is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
RXII Split History
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