Post by
plumena3 on Jan 19, 2024 4:33pm
LBC
``A reverse stock split is when a company consolidates its overall number of shares, but share price increases for the reduced number of shares. Companies undergo a reverse stock split for a few reasons, including to remain listed on stock exchanges or to prevent negative perceptions from investors. While a reverse stock split doesn't impact the value of a company, it can mean the company is facing trouble. Investors need to do their research and due diligence to determine if they should make any moves``
https://moneywise.com