$SRIVARU Holding (SVMH.US)$ Give me a good reason why a comp...
$SRIVARU Holding(SVMH.US$ Give me a good reason why a company should do reverse split 😳😳😳
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Mcsnacks H Tupack : So they don't get delisted.
intuitive Crow_6mp Mcsnacks H Tupack :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
72978918 OP : And having more room to go down.
The Big Lebowski : There are lots of reasons for RS, the main reason is Dilution, we can see what happened to Mullen, Fisker, or Mots.
Second reason is under preparation, if the stock isn't known or their product isn't known investors can't find them, $SRIVARU Holding (SVMH.US)$ $Zapp Electric Vehicles (ZAPP.US)$ are two of instances.
Less common is when a stock or company fails investors for many quarters making investors less interested in holding. I feel these are the most common. $SoFi Technologies (SOFI.US)$ holds this prize. lol
72978918 OP The Big Lebowski : Hope you’re right.