Troika Media Declares 1-For-25 Reverse Stock Split, Effective June 1
Portfolio Pulse from Benzinga Newsdesk
Troika Media has declared a 1-for-25 reverse stock split, effective June 1. The move is aimed at increasing the company's stock price and attracting more investors.

May 31, 2023 | 4:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Troika Media's 1-for-25 reverse stock split will increase the stock price, potentially attracting more investors.
Reverse stock splits are typically used to increase a company's stock price, making it more attractive to investors. This move by Troika Media is likely to have a positive short-term impact on the stock price, as it will reduce the number of outstanding shares and increase the price per share. This could attract more investors, leading to increased demand and potentially higher stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100