WeWork (WE) Reverse Stock Split on NYSE, Explained: What It

WeWork (WE) Reverse Stock Split on NYSE, Explained: What It Is, How and Why

Most investors are familiar with stock splitting, which happens when a publicly traded company with a high stock price divides its shares to cut their price in the market without fundamentally altering the company’s value. But there’s also a reverse maneuver for firms with share prices so low that exchanges could threaten delisting — a “reverse stock split.” In August, WeWork Inc. said it would conduct one, issuing one new share for every 40 shares outstanding. The move came after the stock fell

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