Just went through an IPO and we had a stock split to bring the price down to a n... | Hacker News

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		stevecalifornia on Nov 19, 2015 \| parent \| context \| favorite \| on: Square Prices Its IPO at $9, giving it a $2.7B val... Just went through an IPO and we had a stock split to bring the price down to a number around $14. Square could also be doing a split so that $9 doesn't mean D & E are getting screwed.

harryh on Nov 19, 2015 | [–]

That's not how stock splits work. You can't somehow subvert a falling valuation just by creating more shares.

hueving on Nov 19, 2015 | [–]

a stock split doesn't account for the lower total evaluation.

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