Fangdd Network Group Ltd (DUO) Stock Split History

Fangdd Network Group Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 07, 2022 with the ratio of 1-for-15, meaning that for 15 shares of DUO owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 04, 2023 on a 1-for-15 basis.

These actions have increased DUO 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 Fangdd Network Group Ltd's total market capitalization.

For more detailed information of Fangdd Network Group Ltd's stock splits, view the table below:

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