Direxion Daily Gold Miners Index Bull 2 X Shares (NUGT) Stock Split History

Direxion Daily Gold Miners Index Bull 2 X Shares has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on April 02, 2013 with the ratio of 1-for-5, meaning that for 5 shares of NUGT owned pre-split, shareholders then owned 1 share. 5 more splits have been implemented since then. The most recent stock split took place on April 23, 2020 on a 1-for-5 basis.

These splits have increased NUGT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Direxion Daily Gold Miners Index Bull 2 X Shares's total market capitalization.

For more detailed information of Direxion Daily Gold Miners Index Bull 2 X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Direxion Daily Gold Miners Index Bull 2 X Shares 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 NUGT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Direxion Daily Gold Miners Index Bull 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.