71.88
1.59%
-1.16
Pre-market:
71.75
-0.13
-0.18%
United States Oil Fund (USO) Stock Split History
United States Oil Fund has split its stock once since its initial public offering (IPO). The stock split of United States Oil Fund occurred on April 29, 2020 on a 1-for-8 basis, meaning that for 8 shares of USO 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 United States Oil Fund's total market capitalization.
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 United States Oil Fund's total market capitalization.
USO stock split list
Date | Split Ratio |
---|---|
2020-04-29 | 1 - for - 8 |
Will United States Oil Fund Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. United States Oil Fund 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 USO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by United States Oil Fund's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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