Accelerate Diagnostics Inc (AXDX) Stock Split History

Accelerate Diagnostics Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 19, 1996 with the ratio of 1-for-4, meaning that for 4 shares of AXDX owned pre-split, shareholders then owned 1 share. The most recent stock split took place on July 12, 2023 on a 1-for-10 basis.

These actions have increased AXDX 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 Accelerate Diagnostics Inc's total market capitalization.

For more detailed information of Accelerate Diagnostics Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Accelerate Diagnostics 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 AXDX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Accelerate Diagnostics Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.