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Stock impact report

Upcoming Stock Splits This Week (September 23 to September 27) – Stay Invested [Yahoo! Finance]

MultiPlan Corporation Class A (MPLN) 
Company Research Source: Yahoo! Finance
Companies often undertake stock splits to improve the liquidity of the common shares and make them more affordable for retail investors. Let's look quickly at the upcoming stock splits for the week. Select Harvests Limited (SHVTF) – Australia-based Select Harvests is a major producer of almonds. The company recently announced a $80 million capital raise. This offer includes a fully underwritten institutional placement to selected institutional investors to raise about $30 million and a pro-rata accelerated non-renounceable entitlement offer to eligible shareholders to raise about $50 million. The company stated that each new share issued under the placement and the entitlement offer will rank equally with existing shares on issue (a 1:1 offer). Shares will recommence trading on an ex-entitlement basis on September 23. Multiplan Corp (MPLN) – MultiPlan provides technology and data-enabled cost management, payment, and revenue integrity solutions to the U.S. healthcare industry. Show less Read more
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