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Harmony Biosciences Holdings (HRMY) has 1 split in our Harmony Biosciences Holdings stock split history database. The split for HRMY took place on December 05, 2000. This was a 3 for 1 split, meaning for each share of HRMY owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Harmony Biosciences Holdings splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Harmony Biosciences Holdings stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Harmony Biosciences Holdings shares, starting with a $10,000 purchase of HRMY, presented on a split-history-adjusted basis factoring in the complete Harmony Biosciences Holdings stock split history.
Growth of $10,000.00 Without Dividends Reinvested |
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Start date: | 08/20/2020 | |
End date: | 05/03/2024 | |
Start price/share: | $36.10 | |
End price/share: | $31.57 | |
Dividends collected/share: | $0.00 | |
Total return: | -12.55% | |
Average Annual Total Return: | -3.56% | |
Starting investment: | $10,000.00 | |
Ending investment: | $8,743.53 | |
Years: | 3.70 |
About Harmony Biosciences Holdings |
Harmony Biosciences Holdings is a holding company. Through its subsidiary, Harmony Biosciences, LLC, Co. is a commercial-stage pharmaceutical company focused on developing and commercializing therapies for patients living with rare neurological disorders. Co.'s product, WAKIX (pitolisant), is a molecule with a mechanism of action specifically designed to increase histamine signaling in the brain by binding to H3 receptors. WAKIX has been approved for the treatment of excessive daytime sleepiness in adult patients with narcolepsy. Also, WAKIX has been approved for the treatment of cataplexy in adult patients with narcolepsy. According to our Harmony Biosciences Holdings stock split history records, Harmony Biosciences Holdings has had 1 split. |
HRMY Split History Table | |
Date | Ratio |
12/05/2000 | 3 for 1 |
Healthcare Stock Splits |
HRMY is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
HSDT Split History Also explore: HRMY shares outstanding history
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