LogFAQs > #951217672

What effect do you guys think a stock split has on market cap? CP Rail (CP.TO) has an upcoming 5 to 1 split. It's currently $467 so that'll bring shares to under $100

I've noticed many people have this internal idea of "how much a stock is worth", like if something is $30 it seems good but if it's $90 it's overvalued, but that line of thinking I think is mistakenly assuming every company has the same number of shares outstanding. A company that sells for $300 or $30 with 10x the shares is valued the same after all. Theoretically a stock split doesn't change anything about value but I wonder what in practice actually happens. My gut is that market cap would increase but I haven't looked into any reading on the matter.

Though the one tangible benefit is being more accessible to people with less capital to buy.

I recently signed up with a broker that has zero commissions on CAD stocks so that's why I happen to be looking at this. I'm also looking at the Score since single game sports betting is going through parliament in Canada right now. I'm not sure if they'll actually end up being the ones benefiting but I do know a lot of people in my personal life use it to follow hockey news. Hockey pools are very common so I do imagine it'll go somewhere.

Just recently had a USD offering though so not sure if the current price is right. It was for $27 and the price has tanked to just above that so maybe this is where it holds

Score was already on my eye from the esports app and I kind of want to find things in the gaming world that are worth investing in... but I tend to hate all the publicly traded gaming companies....

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The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG