Home |
Free Dividend Report |
Stock Splits Calendar |
SONM Stock Split History |
Preferred Stock Newsletter |
Top Option Ideas |
Stock Message Boards |
Sonim Technologies (SONM) has 1 split in our Sonim Technologies stock split history database. The split for SONM took place on September 16, 2021. This was a 1 for 10 reverse split, meaning for each 10 shares of SONM owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split.
When a company such as Sonim Technologies 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 Sonim Technologies stock split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Sonim Technologies shares, starting with a $10,000 purchase of SONM, presented on a split-history-adjusted basis factoring in the complete Sonim Technologies stock split history.
Growth of $10,000.00 Without Dividends Reinvested |
||
Start date: | 05/13/2019 | |
End date: | 05/01/2024 | |
Start price/share: | $110.20 | |
End price/share: | $0.52 | |
Dividends collected/share: | $0.00 | |
Total return: | -99.53% | |
Average Annual Total Return: | -65.90% | |
Starting investment: | $10,000.00 | |
Ending investment: | $47.49 | |
Years: | 4.97 |
About Sonim Technologies |
Sonim Technologies is a provider of rugged mobile phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. Co. sells its ruggedized mobile phones and accessories to three wireless carriers in the United States including AT&T, Sprint and Verizon, as well as three wireless carriers in Canada including Bell, Rogers and Telus Mobility. Co.'s phones and accessories connect workers with voice, data and workflow applications in two end markets: industrial enterprise and public sector. Co.'s solutions consist primarily of mobile phones based on the Android platform. According to our Sonim Technologies stock split history records, Sonim Technologies has had 1 split. |
SONM Split History Table | |
Date | Ratio |
09/16/2021 | 1 for 10 |
Technology Stock Splits |
SONM is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:
SONS Split History Also explore: SONM shares outstanding history
Free SONM Email Alerts:
|
Sonim Technologies Stock Split History | www.StockSplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.StockSplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.