Previous close | 5.52 |
Open | 5.63 |
Bid | 4.82 x 2900 |
Ask | 5.78 x 1800 |
Day's range | 5.35 - 5.84 |
52-week range | 3.76 - 17.70 |
Volume | |
Avg. volume | 3,260,491 |
Market cap | 2.191B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.42 |
Earnings date | 10 Nov 2021 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 12.07 |
In recent months, several investor-favorite stocks have been climbing aboard the good ship stock split, but the news of these splits has taken a back seat to the historic volatility and plummeting stock market. The tech-heavy Nasdaq has fallen deep enough to be well into bear market territory, down roughly 29% from its November high, while the S&P is flirting with the bear as well closing the week down 18.7%. Just last month, Shopify (NYSE: SHOP) announced plans for a 10-for-1 stock split, after years of stellar growth had made the shares inaccessible to many retail investors.
The Federal Reserve is letting the stock market crash in order to bring U.S. inflation under control. If fuel and food prices continue rising, will the property market be the Fed’s next target, along with the job market? Only during the period between 1990 and 2006, known as the Great Moderation, did housing returns rival those of the stock market.
On May 12, the Nasdaq Composite briefly touched a new 52-week low of 11,108.76, which represented a drawdown of more than 30% from its all-time high (recorded in Nov. 2021). For example, during a bull market, the equity and crypto portions of a portfolio can become larger than intended due to rising values.