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Loud Music Inc recently completed a 3-for-1 stock split. Prior to the reverse split, its stock sold for $120 per share. What was the stock
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Loud Music Inc recently completed a 3-for-1 stock split. Prior to the reverse split, its stock sold for $120 per share. What was the stock price following the reverse split?
$20.00
$480.00
$30.00
$120.00
$40.00
Loud Music Inc recently completed a 3-for-1 stock split. Prior to the reverse split, its stock sold for $120 per share. What was the stock price following the reverse split?
| $20.00 | ||
| $480.00 | ||
| $30.00 | ||
| $120.00 | ||
| $40.00 |
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