With stock prices falling so low, more companies are reaching for the support of reverse stock splits
A friend recently remarked that looking at the market today is like looking at it three or four years ago, only with everything reversed. What was positive then is negative now; what was up is now down. Perhaps what makes it seem so apocalyptic to my friend and others is the extreme nature of the reversals. Which brings me to the topic of this article: reverse stock splits. With stocks plummeting to multi-year lows, more and more companies are considering the proposition of bolstering their
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