8 Major Stock Splits Are Hitting the Market Between June 23–27

Stock splits don’t have a huge impact on a company’s fundamentals, but they do point to strategic shifts that are taking place within a business. This week, a flurry of forward and reverse stock splits is expected to have a major impact on market sentiment.

We’ve put together the info that you need about the stock splits this week, and how these eight splits can impact your investment strategy.

What Is a Stock Split, and Why Should You Care?

A stock split increases the number of shares that a company has by issuing more shares to shareholders who are already invested. This lowers the price per share while maintaining the same overall market value. Forward splits, which are the most common type in our list of June 2025 stock splits, aim to make shares more affordable and more attractive to retail investors.

On the other hand, a reverse stock split reduces the number of shares by consolidating them. Typically, reverse stock splits are used to raise the per-share price and are often used to meet the minimum requirements of the New York Stock Exchange (NYSE). Some Nasdaq compliance stocks have also utilized reverse shares to meet those minimum requirements.

These changes can influence investor perception, trading volume, and sometimes even signal long-term strategies or financial repositioning. Depending on your investment strategy and your financial goals, being aware of these changes can help put you in a position to take advantage of what’s happening.

Now that you know what splits are and why they matter, let’s dive into some of the best stocks to watch during the splits in June.

Pegasystems (PEGA): 2-for-1 Forward Split

Pegasystems is a major player in the AI-powered enterprise software industry. The company recently announced a 2-for-1 stock split that’s designed to make shares more accessible to smaller investors. As the company continues to innovate automation and decisioning platforms, this move could increase liquidity while expanding its shareholder base.

This split, which took effect on June 23, 2025, is widely believed to reflect confidence from company leadership. This makes PEGA an appealing option, especially when paired with strong performance and healthy future growth projections.

TruGolf Holdings (TRUG): 1-for-50 Reverse Split

The biggest reverse stock split news of the week comes from TruGolf Holdings, a company that specializes in high-end indoor golf simulators. Niche markets like this one don’t always see the kind of growth that TRUG has experienced, but the popularity of places like Top Golf has created a market for indoor golf simulators in homes and other settings.

However, the per-share price fell below the limit for Nasdaq compliance stocks, so a reverse split has been called for.

The 1-for-50 reverse split is a drastic move, but it could help TRUG maintain its listing status while attracting institutional investors who usually avoid investing in penny stocks. You’ll want to be careful if you add TRUG to your portfolio, though. High-ratio reverse splits sometimes suggest deeper financial problems, but they may also point to an upcoming strategic pivot or capital raise.

Maase (MAAS): 1-for-90 Reverse Split

Another major piece of reverse stock split news involves Maase (MAAS), a Chinese-based digital platform that’s transitioning its US listings from Ads to regular shares. This 1-for-90 reverse split is being used to facilitate the shift to a Nasdaq listing and may streamline trading operations going forward.

1-for-90 is certainly an extreme ratio, but the move could reflect a strategic rebranding more than financial distress. This reverse split also took effect on June 23, making it one of the newer pieces of reverse stock split news.

Super League Enterprise (SLE): 1-for-40 Reverse Split

Super League (SLE) focuses on immersive and metaverse platforms, which puts this company in one of the most volatile sectors where investor attention changes rapidly. This 1-for-40 reverse split is designed to raise its share price enough to avoid delisting while regaining traction in an ever-changing market.

Reverse splits in the tech and entertainment sectors are usually indicative of a company recalibrating its strategy in the face of changing investor appetites.

KULR Technology Group (KULR): 1-for-8 Reverse Split

KULR, known for its cutting-edge thermal management in the EV and aerospace sectors, announced a 1-for-8 reverse split that took effect on June 23. Like many of the other names on our list of stock splits this week, this split is being done to meet Nasdaq’s $1 minimum bid requirement.

EVs and space tech are both growing sectors, so it’s safe to assume that this is a long-term play by KULR. The company is expected to continue to expand its product line, which could stabilize it post-split.

Stem, Inc. (STEM): 1-for-20 Reverse Split

The last piece of stock split news that took place on June 23 came from Stem, Inc., a company that uses artificial intelligence to improve energy storage and grid efficiency. STEM shares are undergoing a 1-for-20 reverse split, which is aimed primarily at maintaining compliance with the NYSE’s listing rules. The energy-tech sector is one of the most competitive on the market, and this split is believed to be a reset moment for a company that’s trying to solidify its market position.

AI integration into the world of clean energy makes STEM one of the hottest names to watch, especially for investors who are focused particularly on ESG.

Cellectar Biosciences (CLRB): 1-for-30 Reverse Split

The list of June 2025 stock splits also saw some movement on June 24, when Cellectar Biosciences announced a 1-for-30 reverse split. This company focuses on developing phospholipid drug conjugates for targeted cancer treatments, making it one of the most specialized options on our list. After shareholder approval, the company announced the 1-for-30 reverse split that will maintain Nasdaq compliance.

However, it’s also believed that this move could also reflect a desire to tighten the budget, which is always in play in the world of biotech.

The post-split outlook will largely depend on things that happen over the next six to eight months. Investors should monitor for news about new partnerships and upcoming trial results to fully assess the post-split outlook.

Jiade Limited (JDZG): 1-for-8 Reverse Split

Finally, Jiade Limited, a China-based provider of adult education and logistics services, announced that it would be consolidating shares through a 1-for-8 reverse split on June 24, 2025. The reverse split isn’t the only piece of news regarding JDZG stock. Alongside the split, Jiade is also issuing a new CUSIP number to signal the change, aiming to maintain its Nasdaq listing in the face of recent price struggles.

Small-cap international firms that want to retain US market viability often use strategies like these, so they’re not very shocking. Still, you’ll want to monitor interest from bigger investors going forward.