NYSE:AMCRPackaging
Assessing Amcor (AMCR) Valuation After The Recent One For Five Reverse Stock Split
Amcor (AMCR) has just completed a 1 for 5 reverse stock split, with shares now trading on a split adjusted basis. This move directly affects how the packaging group’s stock appears in your portfolio.
See our latest analysis for Amcor.
The reverse split coincides with a softer patch for the stock, with a 1 day share price return of 7.29% decline and a 1 year total shareholder return of 10.64% decline, which points to fading momentum rather than a short term setback.
If this corporate reset has...