What is a reverse stock split?
An example of an AI chatbot conversation about reverse stock splits and their implications.
What is a reverse stock split?
A reverse stock split is when a company reduces the number of its outstanding shares, increasing the share price.
Why would a company do a reverse stock split?
Companies often do this to boost their stock price, making it more attractive to investors and meeting listing requirements.
What are the potential downsides of a reverse stock split?
Potential downsides include the perception of financial trouble and the risk of reduced liquidity for shareholders.
Can you give me an example of a company that has done this?
Sure! A notable example is Citigroup, which executed a reverse stock split in 2011 to increase its stock price.
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