Akanda Corp. (NASDAQ:AKAN) shares dropped nearly 8% on Thursday after the company said it will carry out a 1-for-5 reverse stock split, set to take effect on January 12, 2026. The consolidation, which ...

Direct Digital Holdings Inc (NASDAQ:DRCT) shares sank 14.7% on Thursday after the advertising technology group revealed plans ...

Stock splits are a tool used by companies to artificially adjust their share price and outstanding share count.

The reverse split falls within the 2-for-100 aggregate ratio previously approved by shareholders, with the Board selecting the specific 5:1 ratio. The company’s new CUSIP number will be 00971M601 and ...

Troubled electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) has not had a good 2025 so far. Its share price is down about 31% year-to-date, with much of that drop occurring after news came out it ...

Cyclacel Pharmaceuticals, Inc. announced a 1-for-15 reverse stock split of its common stock, effective July 7, 2025, with trading commencing on a split-adjusted basis that day under the ticker symbol ...

Over a dozen high-profile companies have announced or completed a stock split in 2024 -- but only one was of the reverse split variety. Unlike most companies conducting a reverse split, this stock was ...

Not to be outdone by Nasdaq, the NYSE is now also proposing to take on the challenge of repeated reverse stock splits. More specifically, the NYSE proposes to limit the circumstances under which a ...

TYLER, Texas--(BUSINESS WIRE)--NanoVibronix, Inc. (NASDAQ: NAOV) (“NanoVibronix” or the “Company”), a medical technology company specializing in non-invasive therapeutic devices, today announced that ...

A common split formula is 2-for-1, where you end up with two shares for each you owned pre-split, and the share price is ...