Twitter board adopts poison pill after Musk’s $43B bid to buy company

Re:Twitter board adopts poison pill after Musk’s $43B bid to... by and-not-drew on Friday April 15, 2022 @05:12PM (#31045904)

I think it still is. I'm going to try to find a source, but I saw an analysis where they measured from a year before the split, the day the split was announced, and the day the split was executed all until one year after the split was executed and the returns on all of them beat the market as a whole.

That being said, holding before the announcement performed the best.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by Majromax on Friday April 15, 2022 @05:52PM (#31046344)

> I'm going to try to find a source, but I saw an analysis where they measured from a year before the split,

There's a bit of time travel / survivor bias with this one. A company that has not beaten the market is much less likely to split its stock. In other words, if I know nothing other than that a company is splitting its stock, I can reasonably guess that it's shown good returns in recent history.

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Re:Twitter board adopts poison pill after Musk’s $43B bid to... by and-not-drew on Friday April 15, 2022 @06:53PM (#31046935)

Yeah, that was their whole point. Stock splits don't cause better returns, but the stocks with the best returns are more likely to split.

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