Lucid Group shares are moving in Thursday's after-hours session after the company announced a reverse stock split.

Lucid said it will proceed with plans for a 1-for-10 reverse stock split, as the unprofitable EV startup looks to boost its ...

Lucid Group (LCID) has announced a 1-for-10 reverse stock split effective Aug. 29, and the shares will trade on a ...

Stock splits are the corporate equivalent of exchanging a crisp twenty-dollar bill for twenty singles. Nothing about the ...

Lucid wants a higher stock price. A rare reverse stock split will make it happen. Late Thursday, the electric-vehicle ...

Hong Kong-based civil engineering services provider Skyline Builders (NASDAQ:SKBL) announced on Monday a proposed reverse ...

In a reverse stock split, a company reduces the number of shares outstanding, boosting the share price. For example, with a 1:3 stock split, the number of shares is divided by three while the ...

So, if you own 1,000 shares of stock, after a 1-10 reverse stock split, you’ll end up with just 100. But the total value of your holdings will remain the same.

The reverse split went into effect on Jun. 14 and combined 20 pre-split shares into a single post-split CALA stock. At the end of the March quarter, Calithera had 78,468,000 outstanding shares.

While many people know about stock splits, reverse stock splits might be somewhat less well-known. This blog post breaks down what a reverse stock split is, how it works, why companies do it and ...

A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.

The reverse split went into effect on Jun. 14 and combined 20 pre-split shares into a single post-split CALA stock. At the end of the March quarter, Calithera had 78,468,000 outstanding shares.