Monday, January 23, 2017

Who or what determines the dow divisor value?

For example if one of the 30 companies stock splits, the divisor will be adjusted to make the split seamless. Who or what is determining what the new value will be? Is there a formula they use? or do they/it/he/she/ just fiddle the number so that the product is the same with respect to the previous value before a stock split?



Submitted January 23, 2017 at 05:40PM by internethertspert http://ift.tt/2iXKGGm

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