Karyopharm Announces 1-for-15 Reverse Stock Split
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Karyopharm Therapeutics Inc. (Nasdaq: KPTI) announced a 1-for-15 reverse stock split, effective at 5:00 p.m. This move will consolidate shares, potentially impacting stock liquidity and price.
February 24, 2025 | 2:00 pm
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Karyopharm Therapeutics is implementing a 1-for-15 reverse stock split, which will consolidate shares and may impact stock liquidity and price.
The reverse stock split will reduce the number of shares outstanding, which can lead to increased stock price per share but may also reduce liquidity. This is a significant corporate action for KPTI, affecting its stock structure.
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