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Stock splits can also be used for companies with values too low (A reverse split) . These companies split to increase the value of stocks in order to prevent de
by StickyRibbs 6y ago
Stock splits can also be used for companies with values too low (A reverse split) . These companies split to increase the value of stocks in order to prevent delisting from exchanges.
- abfan1127 6y agowouldn't a split lower the value of the share price, making it closer to a "penny stock"?
- chrishas35 6y agoIt's commonly called a reverse split.
- jedberg 6y agoThat's a reverse split. Take the price ie from 10 cents to $1 by doing a 1 for 10 reverse split.