Homework answers / question archive / Coca-Cola just announced a 5 for 2 stock split

Coca-Cola just announced a 5 for 2 stock split

Finance

Share With

Coca-Cola just announced a 5 for 2 stock split. Coca-Cola currently has 10 million shares outstanding and the stock is trading at $42 per share. Zynga just announced a 1 for 3 reverse stock split. Zynga currently has 2 million shares outstanding and trades at $4.25 per share. A. What effect will the stock split have on Coca-Colas stock price and the number of shares outstanding? B. What effect will the reverse stock split have on Zyngas stock price and the number of shares outstanding?