6.17
price down icon5.80%   -0.38
after-market After Hours: 6.12 -0.05 -0.81%
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Direxion Daily S P Biotech Bear 3 X Shares (LABD) Stock Split History

Direxion Daily S P Biotech Bear 3 X Shares has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 29, 2018 with the ratio of 1-for-10, meaning that for 10 shares of LABD owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 28, 2020 on a 1-for-20 basis.

These actions have increased LABD 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 Direxion Daily S P Biotech Bear 3 X Shares's total market capitalization.

For more detailed information of Direxion Daily S P Biotech Bear 3 X Shares's stock splits, view the table below:

LABD stock split list

Date Split Ratio
2020-08-28 1 - for - 20
2018-03-29 1 - for - 10

Will Direxion Daily S P Biotech Bear 3 X Shares Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Direxion Daily S P Biotech Bear 3 X Shares 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 LABD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Direxion Daily S P Biotech Bear 3 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
VTI 2008-06-18 2 - for - 1
QQQ 2000-03-20 2 - for - 1
IJH 2024-02-22 5 - for - 1
VWO 2008-06-18 2 - for - 1
IJR 2017-01-19 2 - for - 1
IWM 2005-06-09 2 - for - 1
IAU 2021-05-24 1 - for - 2
exchange_traded_fund VTV
$180.08
price up icon 0.73%
exchange_traded_fund VUG
$404.03
price up icon 0.02%
exchange_traded_fund IJH
$66.84
price up icon 1.69%
exchange_traded_fund EFA
$77.56
price up icon 0.39%
exchange_traded_fund IWF
$394.12
price up icon 0.10%
exchange_traded_fund QQQ
$505.79
price up icon 0.16%
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