ODFL | OD Stock Split?

[Freight Bandit]

Is this rare or something isa brewing ?

 

[Triplex]

Is this rare or something isa brewing ?

Not that rare. Companies institute stock splits usually to bring share prices into a range where they trade more easily. OD's shares are a little high right now so I would guess that is the reason for a split.

 

[DMT]

when the stock splits and the price comes down interest in the stock goes up. When the investor see the return on investment percent, they buy. when a lot of investors buy price goes up again. existing stock owners make money just by having shares.

 

[Triplex]

when the stock splits and the price comes down interest in the stock goes up. When the investor see the return on investment percent, they buy. when a lot of investors buy price goes up again. existing stock owners make money just by having shares.

Investment per cent return doesn't change because of split. Dividends are adjusted in proportion to split ratio. The split just adjusts the share price to a better trading range to attract more retail investors. Existing share owners see no change in their holding value because of the split itself.

 

[DMT]

Investment per cent return doesn't change because of split. Dividends are adjusted in proportion to split ratio. The split just adjusts the share price to a better trading range to attract more retail investors. Existing share owners see no change in their holding value because of the split itself.

Agreed maybe I should have said prior returns on investments