Recent US stock splits wey dem update weekly

Dis page dey track di most recent US stock splits, dem dey refresh am every week from di exchange record. E cover both kinds: a forward split, wey be say one company go divide each share into plenty cheaper ones, and a reverse split, wey be say e go consolidate many shares into fewer, higher-priced ones. Both of dem na value-neutral by design. Your position worth na di same di morning after any of dem. One pattern dey hold for almost every window, and e be di opposite of wetin di headlines dey suggest.

Forward vs reverse splits dis month

Household-name forward splits dey make headlines, so most people dey assume say splitting up na di common case. Di record dey talk say na reverse.

SELECT
    multiIf(split_from > split_to, 'Reverse split (shares consolidated)', 'Forward split (shares multiplied)') AS kind,
    count() AS splits
FROM global_markets.stocks_splits
WHERE execution_date >= today() - 45 AND execution_date <= today()
  AND ticker != 'SPCX'
  AND (split_to >= 2 * split_from OR split_from >= 2 * split_to)
GROUP BY kind
ORDER BY kind DESC

For di last 45 days, US markets execute 161 reverse splits against 58 forward splits. Di reverse split na by far di more common corporate action, and e dey come from a different population of companies: a reverse split na usually move to lift a low share price back over an exchange $1.00 minimum listing threshold, while a forward split dey follow a stock wey don climb high enough to want a lower per-share price.

Recent forward stock splits

Di companies wey split dia shares up for di last two months, ETFs set aside:

SELECT ticker,
    formatDateTime(execution_date, '%b %e') AS executed,
    concat(toString(split_to), '-for-', toString(split_from)) AS ratio,
    split_to AS new_shares_per_old
FROM global_markets.stocks_splits
WHERE split_to > split_from AND split_to >= 2 * split_from
  AND execution_date >= today() - 60 AND execution_date <= today()
  AND ticker NOT IN ('SOXL','SOXS','TQQQ','SQQQ','NVDL','NVDS','NVD','TSLL','TSLQ','TSLZ','SPXL','SPXS','UPRO','SPXU','LABU','LABD','FAS','FAZ','TNA','TZA','YINN','YANG','UDOW','SDOW','BOIL','KOLD','UCO','SCO','USD','SSO','SDS','QLD','QID','ERX','ERY','DRN','DRV','CURE','SOXY','MUU','SNXX','UVXY','SVXY','UVIX','SVIX','BULZ','WEBL','WEBS','DPST','DRIP','GUSH','AGQ','ZSL','BITX','ETHU','MSTX','MSTU','CONL','DUST','JNUG','JDST','NUGT','KORU') AND ticker != 'SPCX'
ORDER BY execution_date DESC, split_to DESC
LIMIT 15

Di most recent na WBKCY, a 4-for-1 split wey dem execute Jul 23. Forward splits dey skew toward stocks wey don appreciate, since a company only dey reach a high enough price to consider one after a run. Wetin dey tend to happen next na separate question with a data-backed answer: across hundreds of forward splits since 2016, di median stock trail di market for di three months after, so a split no be buy signal on its own.

Recent reverse stock splits

Di oda side, and di busier one: reverse splits dey consolidate shares to raise di quoted price.

SELECT ticker,
    formatDateTime(execution_date, '%b %e') AS executed,
    concat('1-for-', toString(split_from)) AS ratio,
    split_from AS old_shares_per_new
FROM global_markets.stocks_splits
WHERE split_from > split_to AND split_to = 1 AND split_from >= 2
  AND execution_date >= today() - 30 AND execution_date <= today()
  AND ticker != 'SPCX'
ORDER BY execution_date DESC, split_from DESC
LIMIT 15

Di most recent reverse split on record na FFAI, a 1-for-150, wey dem execute Jul 24. For di morning wey a reverse split take effect, di stock dey open at a price wey dem multiply by im ratio, so on an unadjusted screener e fit look like an enormous overnight jump wey no trading produce. Di tickers here no too dey carry household names. Di companies wey reach for a reverse split na usually di ones wey dia price don already fall to di listing threshold.

Why reverse splits plenty like dis?

Di reverse split na mostly listing-compliance tool. Both di Nasdaq and di NYSE dey hold listed stocks to a minimum price, generally $1.00: on di Nasdaq, a closing bid under $1.00 for 30 straight business days dey start a deficiency countdown toward delisting. A reverse split dey raise di quoted price by arithmetic alone, and di filings often dey talk am directly, dem dey cite di aim of regaining compliance with di minimum bid requirement. Na why reverse splits dey cluster for beaten-down small-caps and tend to repeat. A company wey im business dey keep im price near di floor fit need a second reverse split within a year wen di first one fail to hold. Forward splits dey carry di opposite trigger. A board dey lower a high per-share price to keep round lots affordable and, for years wey don pass, to widen di options market around di stock. Di last wave of household-name forward splits run through 2024; most weeks since, di forward list dey shorter and less familiar dan di reverse one.

Wetin di ratio mean

Di notation dem write am new-for-old. A 10-for-1 forward split dey turn each old share into 10 new ones and divide di price by 10. A 1-for-10 reverse split dey run di oda way: 10 old shares become 1 new share, and dem multiply di price by 10. Wen di first number big pass, di split na forward; wen e small, di split dey run in reverse. For every case di total value of a position no dey change. Di only direct cash effect dey on fractional shares. Hold 45 shares through a 1-for-10 reverse split and di arithmetic go leave 4.5 new shares; most companies dey pay cash for di half-share instead of issuing a fraction, wey fit create a small taxable sale wey a holder never place.

FAQ

Which stocks split recently?

Di most recent forward split, ETFs aside, na WBKCY (4-for-1), and di most recent reverse split na FFAI (1-for-150). Di full recent lists, both kinds, dey for di tables up and dem dey refresh weekly.

Reverse splits dey more common pass forward splits?

Yes, and by a wide margin. For di last 45 days e get 161 reverse splits against 58 forward ones. Reverse splits don outnumber forward splits for every year on record.

Wetin be di difference between a forward and reverse stock split?

A forward split dey multiply di share count and lower di price (10-for-1: one share become ten). A reverse split dey do di opposite, e dey consolidate shares and raise di price (1-for-10: ten shares become one). Both dey leave di total value of a holding unchanged.

Stocks dey go up after a stock split?

No be reliably. For a study of hundreds of forward splits since 2016, di median stock lag di S&P 500 for di three months after di split, for every period wey dem measure. Di split itself dey change di share count and price, no be di company value.

Every panel up na stored, inspectable query, dem dey refresh am each week. Open di SQL under any table to audit am, or pull di split history of any ticker on di Strasmore terminal.