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Re: JamesF1 post# 377525

Thursday, 02/09/2023 10:28:50 AM

Thursday, February 09, 2023 10:28:50 AM

Post# of 404187
Here's some research on reverse splits. As you can see it's not good for the investor.
"Researchers at the Stern School of Business at NYU and Emory University looked at more than 40 years of data, from 1962 to 2001, and found that of the 1,600 reverse splits, shares underperformed their non-split peers by 15.6% in the first year following the split, 36% in the second year and 54% in the third year."
https://www.cabotwealth.com/daily/stock-market/reverse-stock-splits-shareholders
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