Avalo Therapeutics Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on September 10, 2007 with the ratio of 1-for-51, meaning that for 51 shares of AVTX owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on December 29, 2023 on a 1-for-240 basis.
These splits have increased AVTX 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 Avalo Therapeutics Inc's total market capitalization.
For more detailed information of Avalo Therapeutics Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Avalo Therapeutics 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 AVTX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Avalo Therapeutics Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
