rocketpig on 12 July 2007
| NJ5 said: Sometimes they split the shares. IE the stock price is $1000 and they declare that from then on each old share will be worth 10 new shares, at $100 each. I'm no finance nerd but that makes me think that in the grand scheme of things, the value per stock doesn't matter much. |
It doesn't. Only when you add up the combined value of every stock in existence do you get any kind of indication of a company's worth.
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