How breakups impact shareholders, market vs. limit. We got answers

The company logo for Kenvue Inc. Johnson & Johnson’s consumer-health business, is displayed on during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023.

Brendan Mcdermid | Reuters

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries.

Question 1: I’m newer to investing and don’t understand all the different ways a stock splits when a company breaks apart. I bought BHC because I thought my shares would be broken apart and some would become BLCO. Why didn’t that happen? Thanks. — Ted

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