Aethlon Announces 1-For-10 Reverse Stock Split
Portfolio Pulse from Benzinga Newsdesk
Aethlon Medical, Inc. (AEMD) has announced a 1-for-10 reverse stock split. This action is typically taken by companies to increase the market price of their shares and attract investors.
October 04, 2023 | 12:13 pm
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Aethlon Medical's 1-for-10 reverse stock split could potentially increase the market price of its shares, making it more attractive to investors.
A reverse stock split reduces the number of shares in circulation, which can lead to an increase in the share price. This could make AEMD more attractive to investors, potentially leading to increased demand and further price increases.
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