Question
Read the announcement by Tesla (NASDAQ: TSLA) below: Tesla Announces a Five-for-One Stock Split GLOBE NEWSWIRE, Aug 11, 2020 PALO ALTO, Calif., Aug. 11, 2020
Read the announcement by Tesla (NASDAQ: TSLA) below: Tesla Announces a Five-for-One Stock Split GLOBE NEWSWIRE, Aug 11, 2020 PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. announced today that the Board of Directors has approved and declared a five-for-one split of Teslas common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.
Which of the following statements is NOT correct? Compared to Friday 28th August 2020, on Monday 31st August 2020 Teslas:
Select one:
a. Number of stock should increase by 400%.
b. Share price should fall by 80% compared to the trading day before.
c. Market capitalisation of equity should remain the same.
d. Market capitalisation of assets should remain the same.
e. Earnings per share should remain the same.
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