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TIDAL TR II DEFIANCE R2000 ENHANCED OPTIONS INCOME E To Carry Out 1-for-3 Reverse Stock Split On August 1st, 2024

Moomoo News ·  Jul 30 21:00

July 30th (Eastern Time) - $TIDAL TR II DEFIANCE R2000 ENHANCED OPTIONS INCOME E (IWMY.US)$ is about to implement a 1-for-3 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from August 1st, 2024.

$TIDAL TR II DEFIANCE R2000 ENHANCED OPTIONS INCOME E (IWMY.US)$ slipped 0.52% and closed at $13.4193 on July 29th with a turnover of $3.89 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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