The beleaguered company’s reverse stock split, taking place September 1, is just another sign of its troubles. Over the past several years, many notable stocks have undergone splits—including Amazon, Tesla, and Apple. These stock splits increase the number of shares available while at the same time reducing their value by a commensurate rate.

Topics:  september   amazon   tesla   apple   read full story   stock   reverse   split   share   price   investors   

 

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