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Dark Corp.began operations on March 1,2017.The corporate charter authorized issuance of 3,000 shares of $2 par value common stock.Dark sold all of the stock on March 1.On May 1,Dark repurchased 2,000 of the outstanding shares.On May 14,Dark sold 1,200 of the treasury shares.On June 1,Dark declared a 2-for-1 stock split.As a result of the split,what occurred?
Stock
A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.
Fundamental Analysts
Experts who evaluate investments by analyzing the fundamental financial conditions and performance of businesses and markets.
Relative Strength Analysis
A technique used in technical analysis that compares the price movement of a security to another security or overall market.
Stock Prices
The current market price at which a share of stock can be bought or sold.
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