What is the historical stock split record for GE in the cryptocurrency market?
Loomis HoppeNov 24, 2021 · 3 years ago1 answers
Can you provide information on the historical stock split record for General Electric (GE) in the cryptocurrency market? I am interested in knowing if GE has ever undergone any stock splits and how it has affected its value in the cryptocurrency market.
1 answers
- Nov 24, 2021 · 3 years agoSure thing! General Electric (GE) has undergone stock splits in the cryptocurrency market. The most recent stock split for GE took place on February 14, 2020, with a ratio of 1:8. This means that for every 1 share held, shareholders received 8 additional shares. Stock splits are a common practice to increase liquidity and make shares more affordable for investors. After the stock split, GE's stock price adjusted accordingly, and the overall value of shareholders' holdings remained unchanged. The stock split also led to increased trading activity in the cryptocurrency market, as more investors were able to participate at a lower price per share.
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