Brüush Oral Care shares are trading higher after the company announced a 1-for-25 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
Brüush Oral Care has announced a 1-for-25 reverse stock split, leading to a rise in its share prices.
July 31, 2023 | 6:15 pm
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Brüush Oral Care's stock price is trading higher after the company announced a 1-for-25 reverse stock split.
A reverse stock split reduces the number of shares in circulation, which can lead to an increase in the stock's price. This is because the earnings per share (EPS) increases, making the stock more attractive to investors. As a result, Brüush Oral Care's stock price has increased.
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