T 2 Biosystems Inc (TTOO) Stock Split History

T 2 Biosystems Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 13, 2022 with the ratio of 1-for-50, meaning that for 50 shares of TTOO owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 13, 2023 on a 1-for-100 basis.

These actions have increased TTOO 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 T 2 Biosystems Inc's total market capitalization.

For more detailed information of T 2 Biosystems Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. T 2 Biosystems 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 TTOO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by T 2 Biosystems Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.