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How was this stock $720,801 a share and now it's worth 12 Cents a share. INPX Stock Symbol?
So if you look up this stock on Google, Yahoo, etc... it says INPX Stock was worth $720,000 on August 27th 2004 and now it's worth 12 Cents. Are all the charts misleading Data or was this stock legitimately worth $720,000 at one time.
2 Answers
- A HunchLv 72 years ago
INPX joined Nasdaq in 2011.
We don't know what you are looking at before that time.
Did the company exist in 2004 or are you looking at a completely different company.
If the company did exist in 2004, is this the price per stock of the private investors?
- Anonymous2 years ago
Lots of reverse stock splits. An adjusted price does not mean it traded that high, it means adjusted for splits it did.
Lets say you had 100,000 shares in early 2014. Now you own 2 and change. (Sometimes they pay out the value of fractional shares. Sometimes they round up)
Nov 02, 2018 40/1 Stock Split
Feb 06, 2018 30/1 Stock Split
Mar 01, 2017 15/1 Stock Split
Apr 09, 2014 2/1 Stock Split
