Update Ctrip.com (CTRP)
01/22/2010 12:30 pm EST
Splits are neutral events: shareholders wind up with twice as many shares but each share is priced at only half its former price.
The new price for the Ctrip.com ADS went into effect on January 21. I’ve adjusted the purchase price for my January 5 buy of these shares for the Jubak Picks 50 portfolio accordingly.
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