Bmo Rex Microsectors Fang Index 3 X Leveraged Etn (FNGU) Stock Split History

Bmo Rex Microsectors Fang Index 3 X Leveraged Etn has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 12, 2021 with the ratio of 10-for-1, meaning that for 1 share of FNGU owned pre-split, shareholders then owned 10 shares. The most recent stock split took place on October 31, 2022 on a 1-for-10 basis.

These actions have increased FNGU 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 Bmo Rex Microsectors Fang Index 3 X Leveraged Etn's total market capitalization.

For more detailed information of Bmo Rex Microsectors Fang Index 3 X Leveraged Etn's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Bmo Rex Microsectors Fang Index 3 X Leveraged Etn 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 FNGU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Bmo Rex Microsectors Fang Index 3 X Leveraged Etn's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.