Tracon Pharmaceuticals Inc (TCON) Stock Split History

Tracon Pharmaceuticals Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 08, 2019 with the ratio of 1-for-10, meaning that for 10 shares of TCON owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 10, 2024 on a 1-for-20 basis.

These actions have increased TCON 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 Tracon Pharmaceuticals Inc's total market capitalization.

For more detailed information of Tracon Pharmaceuticals Inc's stock splits, view the table below:

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