Applied Digital Corporation (APLD) Stock Split History

Applied Digital Corporation has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on December 16, 2003 with the ratio of 1-for-800, meaning that for 800 shares of APLD owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on April 13, 2022 on a 1-for-6 basis.

These splits have increased APLD stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Applied Digital Corporation's total market capitalization.

For more detailed information of Applied Digital Corporation's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Applied Digital Corporation has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when APLD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Applied Digital Corporation's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.