Lordstown Stock Dives After Reverse Split. The EV Start-Up Needs More Cash.
The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.
Stay updated with breaking news from Bonus Issues. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The electric-vehicle maker announced the 1-for-15 move, which will be will be effective on May 24.
The Dolans split up one of their companies again. What investors should know.
The embattled retailer is seeking shareholder approval to convert up to 20 shares into one. The resultant higher stock price would help, but the issuance of more shares would dilute the valuation for existing shareholders.
With a core business in e-commerce, the tech giant remains sensitive to trends in the Chinese economy—and growth is picking up.
A critical report from short-seller Hindenburg Research sends shares in Block falling. The company says the report is inaccurate, and some analysts agree.