Innovage Holding Corp (INNV) Stock Split History

Innovage Holding Corp has split its stock once since its initial public offering (IPO). The stock split of Innovage Holding Corp occurred on March 18, 2019 on a 1-for-105 basis, meaning that for 105 shares of INNV 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 Innovage Holding Corp's total market capitalization.

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