Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares (DRIP) Stock Split History

Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on March 24, 2016 with the ratio of 4-for-1, meaning that for 1 share of DRIP owned pre-split, shareholders then owned 4 shares. 5 more splits have been implemented since then. The most recent stock split took place on March 28, 2022 on a 1-for-10 basis.

These splits have increased DRIP 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 Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares's total market capitalization.

For more detailed information of Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares 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 DRIP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Direxion Daily S P Oil Gas Exp Prod Bear 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.