GeneDx Holdings Corp (WGS) Stock Split History

GeneDx Holdings Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 03, 2023 with the ratio of 1-for-33, meaning that for 33 shares of WGS owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 04, 2023 on a 1-for-33 basis.

These actions have increased WGS 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 GeneDx Holdings Corp's total market capitalization.

For more detailed information of GeneDx Holdings Corp's stock splits, view the table below:

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