top | item 24126255 (no title) StickyRibbs | 5 years ago Stock splits can also be used for companies with values too low (A reverse split) . These companies split to increase the value of stocks in order to prevent delisting from exchanges. discuss order hn newest abfan1127|5 years ago wouldn't a split lower the value of the share price, making it closer to a "penny stock"? chrishas35|5 years ago It's commonly called a reverse split. jedberg|5 years ago That's a reverse split. Take the price ie from 10 cents to $1 by doing a 1 for 10 reverse split.
abfan1127|5 years ago wouldn't a split lower the value of the share price, making it closer to a "penny stock"? chrishas35|5 years ago It's commonly called a reverse split.
jedberg|5 years ago That's a reverse split. Take the price ie from 10 cents to $1 by doing a 1 for 10 reverse split.
abfan1127|5 years ago
chrishas35|5 years ago
jedberg|5 years ago