Digital Turbine Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 18, 2006 with the ratio of 5-for-2, meaning that for 2 shares of APPS owned pre-split, shareholders then owned 5 shares. The most recent stock split took place on April 15, 2013 on a 1-for-5 basis.
These actions have increased APPS stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Digital Turbine Inc's total market capitalization.
For more detailed information of Digital Turbine Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Digital Turbine Inc 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 APPS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Digital Turbine Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
