For any stock splits (if there were any it will look like the screen below) compare the actual and theoretical price adjustment. For example, on the day that a 2-for-1 split is effective examine the closing price on the day before (e.g., $50) and the next day. Does the opening share price change as expected (e.g., to $25)? If there were no stock splits (usually that is the case), your answer is that there were none.
|
Mar 97
|
97.00
|
101.00
|
87.62
|
91.69
|
78,573,200
|
9.23
|
|
Feb 97
|
102.62
|
103.50
|
94.00
|
97.50
|
72,398,100
|
9.82
|
|
Jan 97
|
83.12
|
103.25
|
80.75
|
102.00
|
75,104,400
|
10.27
|
|
Dec 9, 1996
|
2: 1 Stock Split
|
|
Dec 96
|
157.50
|
159.50
|
76.37
|
82.62
|
71,113,800
|
8.32
|