Camber Energy, Inc (NYSE:CEI) plunged more than 30% to reach a new split-adjusted, all-time low on Thursday after enacting the 1-for-50 reverse stock split on Wednesday. When the company announced it ...
To begin with, it is important to understand that a stock split simply changes the number of outstanding shares of a company, as well as the price of each share, while the market value of the company ...
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