Lucid Motors’ (LCID) shares soared over 50% after the company secured a multi-hundred-million dollar investment from Uber to deploy robotaxis. So, why did Lucid just announce plans for a reverse stock ...
Investors tend to see more companies issue stock splits when the market is doing well, and share prices are high. A stock ...
Market watchers argue that reverse stock splits do nothing to improve a company’s fundamentals. They simply raise the stock price by reducing the number of shares available. Reverse splits are often ...