Immucell Corp has split its stock once since its initial public offering (IPO). The stock split of Immucell Corp occurred on July 24, 1990 on a 1-for-100 basis, meaning that for 100 shares of ICCC 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 Immucell Corp's total market capitalization.
The answer will depend on the decisions of the company's managers and market volatility. Immucell Corp 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 ICCC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Immucell Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
