Bone Biologics Effects 1-for-30 Reverse Stock Split
Portfolio Pulse from Benzinga Newsdesk
Bone Biologics (BBLG) has effected a 1-for-30 reverse stock split to increase its stock price and attract more investors.
June 06, 2023 | 5:04 pm
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NEUTRAL IMPACT
BBLG's 1-for-30 reverse stock split aims to increase its stock price and attract more investors.
The reverse stock split will increase BBLG's stock price, making it more attractive to investors. However, the impact on the stock price in the short term is uncertain, as it depends on market reaction and investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100