Hall Of Fame Resort Entertainment Company (HOFV) Stock Split History

Hall Of Fame Resort Entertainment Company has split its stock once since its initial public offering (IPO). The stock split of Hall Of Fame Resort Entertainment Company occurred on December 27, 2022 on a 1-for-22 basis, meaning that for 22 shares of HOFV owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Hall Of Fame Resort Entertainment Company's total market capitalization.

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