1847 Holdings To Effect 1-For-13 Reverse Split
Portfolio Pulse from Benzinga Newsdesk
1847 Holdings LLC (EFSH) has announced a 1-for-13 reverse stock split. This corporate action is aimed at increasing the per-share price of the company's stock.
June 27, 2024 | 8:18 pm
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1847 Holdings LLC (EFSH) has announced a 1-for-13 reverse stock split. This corporate action is aimed at increasing the per-share price of the company's stock.
A reverse stock split typically aims to increase the per-share price of a company's stock, which can make it more attractive to investors and help the company meet listing requirements. However, it does not change the company's market capitalization and can sometimes be perceived negatively by investors.
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