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Post by fishingrod on Feb 4, 2022 13:35:19 GMT
This is a question for anybody. Yahoo Finance and M* are both showing weird charts.
I sold my EXC on 11/3/2021 for an execution price of $53.8442 a share. Now, I look back on Yahoo and M* and they say the highs and lows are much different.
I did go to the source and confirmed prices on that day were much higher.
Those charts are off!!
Thanks for any input.
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Post by skeezix on Feb 4, 2022 13:55:06 GMT
EXC closed at $57.95 on 1-31-2022. On Feb 1, EXC spun off Constellation Energy Corp (CEG). Each EXC shareholder got 1 share of CEG for every 3 shares of EXC. Yesterday, CEG closed at $53.62 and EXC closed at $43.79. So value of combined companies would be ($53.62 /3) + $43.79 = $61.66 per original share of EXC.
My guess is they reduced the EXC share price in November to match the reduction of value due to the spin off.
$43.79 / $61.66 * $53.8442 = $38.24 which fits in the range of $39.02-$38.13.
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Post by fishingrod on Feb 4, 2022 14:18:27 GMT
I think your right.
Thanks!
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