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Why doesn’t the stock price fall after the record date for a company splitting stock?
Consider Nvidia — they are splitting their stock 4:1 through a stock dividend. What was preventing someone from buying a share before ex dividend, holding it past the record date and selling, only to …
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Why doesn’t the stock price fall after the record date for a company splitting stock?
Selling shares between the record date and the distribution date also sells the right to claim the special dividend that was afforded to the owner on the date of record. If you buy shares during this …