Reverse Stock Splits Explained
Sometimes, you hear or read terms that you know that you should understand, but you don't really take time to learn it well until circumstance forces you.
One of the stocks I own will be issuing a reverse stock split in about a month.
I understand the math behind this, but I really didn't know what this means. So I took a closer look.
For those of you who prefer to watch a video, here is Jason Frankl of FTI Consulting was interviewed on Bloomburg to help explain (a) what it is and (b) why it might be issued.