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re: When A Parent Company and A Subsidiary Are Traded Individually
Posted on 7/17/13 at 8:52 am to ell_13
Posted on 7/17/13 at 8:52 am to ell_13
quote:
I'm still not clear on how the value can be in two places at once
This is a great question IMO. Sometimes when companies split (i.e: Kraft and Monsanto), you recieve shares of each company, which the original is reduced by the market cap of the new stock.
However, this seems to be a different situation and a solid explanation would be neato.
This post was edited on 7/17/13 at 8:53 am
1
Posted on 7/18/13 at 5:13 pm to Cmlsu5618
Still no explanations?
BTW, IPO was Wednesday @ $22. Already hit $28.
BTW, IPO was Wednesday @ $22. Already hit $28.
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