Thus, Weighted Alpha is a measure of one-year growth with an emphasis on the most recent price activity.Ī thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. Barchart takes this Alpha and weights this, assigning more weight to recent activity, and less (0.5 factor) to activity at the beginning of the period. Weighted Alpha: A measure of how much a stock or commodity has risen or fallen over a one-year period.Average Volume: The average number of shares traded over the last 20 days.Volume: The total number of shares or contracts traded in the current trading session.Previous Close: The closing price from the previous trading session.Open: The opening price for the current trading session is plotted on the day's High/Low histogram.Day High / Low: The highest and lowest trade price for the current trading session.Volume is also updated but is the delayed consolidated Volume from the symbol's exchange. When available, Bid and Ask information from the Cboe BZX Exchange is updated as new data is received. The Summary Quoteboard displays snapshot quote data. If you require comprehensive real-time bids/asks/quotes, we offer a no-risk trial to one of our real-time products. As a result, the real-time prices displayed may have minor discrepancies when comparing the information with other sites offering real-time data, or with brokerage firms. Note: The Cboe BZX Exchange currently accounts for approximately 11-12% of all U.S. Real-time prices are available during market hours (9:30 AM to 4:00 PM EST). If the symbol has pre-market or post-market trades, that information will also be reflected along with the last (closing) price from the symbol's exchange. Volume always reflects consolidated markets. During market hours, the real-time Cboe BZX price displays and new trade updates are updated on the page (as indicated by a "flash"). Real-time prices are provided by Cboe BZX Exchange on individual U.S. That is, unless funds have significant reason to believe PIXY stock will surge again.The Quote Overview page gives you a snapshot view for a specific symbol. However, this raises a question: what else can ShiftPixy offer investors? After all, a stock that has shed more than 80% of its value over the past five years - hitting penny stock status - doesn’t quite fit the criteria of most hedge funds. And if prominent hedge funds start taking an interest in PIXY stock now, it has the potential to keep moving upward. An influx of large-scale investments can send a stock soaring. Just as a stock split can make a stock more appealing to retail traders, a reverse split can make shares more appealing to institutional investors who only buy stocks above a certain price point. “Per-share price bumping is the primary reason why companies opt for reverse stock splits,” according to Investopedia.īut that isn’t the only reason ShiftPixy may be opting for the split. Under a reverse stock split, an investor’s holdings do diminish in terms of the number of shares, but the stock often rises in value. It makes sense that ShiftPixy is seizing the opportunity to implement one of the few things that has worked for it in the past. Even as the pandemic accelerated the gig economy, ShiftPixy proved unable to ride the wave. Since this early 2020 bump, shares have trended steadily downward. This resulted in PIXY stock surging in the month that followed, although it started losing momentum shortly after. The company enacted a 40-for-1 reverse split in late December 2019. But will it be enough to help ShiftPixy take flight? Let’s take a closer look at what investors can expect.īefore diving into today’s news, it’s important to note one thing this isn’t ShiftPixy’s first reverse stock split. This reverse stock split is clearly the company’s attempt to breathe new life into shares. However, ShiftPixy hasn’t demonstrated any sustainable growth since then. Back in May, shares shot up 185% after the company announced a special share distribution plan for investors. PIXY stock is known for eye-catching surges. Its gains for the past month have surpassed 10,000%.Īs impressive as today’s performance is, gains of that magnitude tend to stabilize. Still, after a month of trading at less than 50 cents per share, the stock is now at a price of more than $20 as of this writing. Since markets opened, PIXY has surged more than 100% at one point, although with some volatility. Now, PIXY stock is trading on a reverse split basis. Workforce technology platform ShiftPixy (NASDAQ: PIXY) asked shareholders to vote on a reverse stock split on July 19 and investors voted in favor of the one-for-one hundred reverse split proposal. After a summer of stock splits, one company has opted for the opposite course of action.
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