Since they have vastly different numbers of shares issued, I don't understand why this is of any significance.
Didn't say anything about shares outstanding, market caps, enterprise values, usw. Simply marking that today's date is one where Q's and C's prices "crossed", and at some point, one share of Q cost the same as one share of C, without any need to normalize to 100 or whatever. Like a "starting line" in the sand. Point is: will be interesting, from this hereby "marked", artificial starting point of share-price parity, to see how things go. By that, I don't mean just how each stock will fare, but how earnings per share, growth in eps, etc., will go. |
