Hi guys, In my analyse I observe a closing price who reach after 20 years the same price than the adjusted close. I try to understand why and what is the meening of this moove. Look at this graph it is normal, for the first time ever the gap is close!?
This happens with all stocks. The closer to today's closing price, the more the closing and adjusted prices converge.
Yes, for dividend paying stocks. For stocks that have never paid a dividend, the closing price and adjusted price will (usually) always be the same.
