Hmm
$Evofem Biosciences (EVFM.US)$
Evofem Biosciences Gets Approval for 1-for-15 Reverse Stock Split
Can anyone explain to me what does this means?
Evofem Biosciences Gets Approval for 1-for-15 Reverse Stock Split
Can anyone explain to me what does this means?
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70924419 : it means that 15 shares of the stock will now turn into 1 share .
70924419 : and for every 15 shares you or someone else has now it will be 1 share
and it just means that the company is trying to use the reverse stock split as a bandage on a gun shot wound.
so it will probably end up tanking again.
but some times it does correct the problem for a little while...
L荔荔 70924419 : I feel so cheated. I almost lost the whole thing.