reverse split in a sentence
Examples
- No shareholders spoke against the reverse split, but it apparently became a vehicle for protesting the broader plan.
- AT & T is proposing that the reverse split take effect after the Comcast deal is completed.
- With the reverse split, the $ 2 in their plan is the functional equivalent of $ 1 a share.
- But that price does not adjust for two subsequent splits in the stock, one of them a reverse split.
- Palm Inc ., for example, had a 1-for-20 reverse split on Oct . 15.
- As in the case of the reverse splits, this difference remained even after adjusting for market cap and momentum.
- In a reverse split, a corporation reduces the number of its shares outstanding to bolster its stock's price.
- The stock had a reverse split of 1 for 20 in May, and now trades for 62.5 cents.
- BEC, which makes commercial lamps, plans to hold a 1-for-2 reverse split before the moves.
- Other companies have tried that tactic, only to see their stock tumble back below $ 1 after the reverse split.