Direxion Daily Semiconductor Bear 3 X Shares (SOXS) Stock Split History

Direxion Daily Semiconductor Bear 3 X Shares has split its stock 9 times since its initial public offering (IPO). The first stock split occurred on February 24, 2011 with the ratio of 1-for-5, meaning that for 5 shares of SOXS owned pre-split, shareholders then owned 1 share. 8 more splits have been implemented since then. The most recent stock split took place on April 15, 2024 on a 1-for-10 basis.

These splits have increased SOXS stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Direxion Daily Semiconductor Bear 3 X Shares's total market capitalization.

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

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