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Novavax ($NVAX) Stock Split History

Novavax stock has experienced a total of 1 stock splits in its history, including a reverse stock split. The most recent stock split took place on May 10th, 2019. As a result of these stock splits, one Novavax share purchased prior to May 10th, 2019, would now be equivalent to holding 0.1 Novavax shares today.

Novavax ($NVAX) Stock Split History Graph and Chart

Novavax ($NVAX) Stock Split Dates

Date Ratio
05/10/20191 for 20

FAQs (Frequently Asked Questions)

How Does a Novavax Share Split Work?

A Novavax stock split is no different than any other stock split. Novavax is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of Novavax, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of Novavax (in terms of value) will remain practically the same.

Benefits of a Novavax Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Novavax stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $NVAX Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Why did $NVAX Perform a Reverse Stock Split?

A reverse stock split is the opposite of a normal stock split. So now, if you had 10 shares of $NVAX, you will only get 1 share (in the case of a 10-for-1 reverse stock split). Companies like Novavax usually perform a reverse stock split when the share price is low. For example, if it is less than a dollar, it might be conceived as a penny stock. To avoid this appearance, you perform a reverse stock split and change the price per share.

Will Novavax Stock Split?

Unfortunately, we do not know. There might be rumors of a Novavax stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $NVAX Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $NVAX option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

Novavax Shares Split Results in Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $NVAX shares split.