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stevecalifornia
on Nov 19, 2015
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Square Prices Its IPO at $9, giving it a $2.7B val...
Just went through an IPO and we had a stock split to bring the price down to a number around $14. Square could also be doing a split so that $9 doesn't mean D & E are getting screwed.
harryh
on Nov 19, 2015
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That's not how stock splits work. You can't somehow subvert a falling valuation just by creating more shares.
hueving
on Nov 19, 2015
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a stock split doesn't account for the lower total evaluation.
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