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News > Technology
Excite sets 2-for-1 stock split
June 29, 1998: 12:10 p.m. ET

Internet portal provider's shares soar after it announces move payable July 20
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NEW YORK (CNNfn) - Shares of Excite Inc. jumped more than 11 percent in early trading Monday after the Internet company announced it will split its stock two for one.
     Excite (XCIT) shares gained 8-3/4 to 84-3/4 in Monday morning trading.
     The company will pay the split July 20 to shareholders of record July 6. Excite said there will be approximately 50.38 million shares outstanding after the split.
     Excite is one of several companies that has seen its shares rise since evolving from an Internet search tool to a Web "portal," or a site that combines aggregated content with personalized services. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.