WaveDancer shares are trading higher. The company announced a 1-for-10 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
WaveDancer has announced a 1-for-10 reverse stock split, leading to an increase in its share price.
October 17, 2023 | 6:43 pm
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WaveDancer's shares are trading higher after the company announced a 1-for-10 reverse stock split.
A reverse stock split reduces the number of shares in circulation, which can lead to an increase in the share price. This is likely the reason for the increase in WaveDancer's share price.
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