• The adjusted closing price changes the closing price of a share to reflect the value of that share after accounting for any corporate action.

  • The closing price is the raw price, which is the cash value of the last traded price before the market closed.
  • The adjusted closing price takes into account corporate actions such as stock splits, dividends and rights offerings.
  • The adjusted closing price can mask the impact of major nominal prices and stock splits on prices in the short term.