When a company such as iSun conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the iSun stock split history from start to finish, an original position size of 1000 shares would have turned into 50 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iSun shares, starting with a $10,000 purchase of ISUN, presented on a split-history-adjusted basis factoring in the complete iSun stock split history.

About iSun

iSun is a solar energy services and infrastructure deployment company in the U.S. Co.'s services include solar, storage and electric vehicle infrastructure, development and other services, engineering, procurement, installation, O&M and storage. Co. primarily provides services to solar energy customers for projects ranging in size from several kilowatts for residential loads to multi-megawatt systems for commercial, industrial and utility projects. Co. is enagegd in engineering, procurement and installation services and products consisting of solar, electrical and data installations and has expanded to include project origination, design and development services as well. According to our iSun stock split history records, iSun has had 1 split.

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