Actual and theoretical price adjustment, Business Economics

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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

 

 


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