The reason for this? The company announced a reverse stock split. Here’s what you need to know. A reverse stock split is when shares of a company are combined from many into one. A reverse stock ...
While the artificial intelligence (AI) revolution has been undeniably important in lifting the broader market, it would be ...
Here is a look at why companies split their stocks and those splits matter. Plus, upcoming stock splits to watch from Entergy ...
Euphoria surrounding stock splits has played a key role in lifting Wall Street's major indexes to new highs in 2024.
SOMERVILLE, Mass., December 04, 2024--bluebird bio, Inc. (NASDAQ: BLUE) ("bluebird bio" or the "Company") today announced that it will proceed with a 1-for-20 reverse stock split ("Reverse Stock Split ...
Stock splits stir up a lot of noise in the world of investing. A stock split doesn’t change the value of a company but can ...
Psychemedics Corporation (Nasdaq: PMD) (the “Company”), the world’s leading provider of hair testing for drugs of abuse, today announced that, following the approval of the Company’s stockholders at ...
J-Long Group Limited (Nasdaq: JL), a Hong Kong-based and established distributor of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes ...
A reverse stock split is a corporate action that reduces the number of outstanding shares of a public corporation. The aim of this is to increase the price per share, which a company might need to ...
SAN DIEGO, CA / ACCESSWIRE / December 3, 2024 /, Inc. (NASDAQ:ENSC) ("Ensysce" or the "Company"), a clinical-stage pharmaceutical company developing innovative solutions for severe pain relief while ...
The new CUSIP number of the Company's common stock following the reverse stock split will be 293602 504. The reverse stock split is intended, among other things, primarily to increase the bid ...
The reverse stock split is primarily intended to enable the Company to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The new CUSIP ...