Standard Oil spin-outs surged in share price during year one
David Rosenthal · Standard Oil Part II (Extended Cut) · Acquired · Oct 19, 2021 · at 1:39:33
David Rosenthal details the massive stock appreciation across Standard Oil successor companies after they began trading publicly in 1911-1912.
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“Standard Oil of New Jersey goes from a initial share price of 360 dollars a share to 595 dollars a share over your year one. Standard Oil of New York goes from two 60 to five 80. Standard Oil of Indiana goes from 3500 to 9500 a share and so on and so on.”
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