Multiple Choice
Reverse stock splits are used by companies whose low share price
A) puts the company at risk of being listed on a stock exchange as a result of their share price being barely above the minimum threshold for listing on the exchange.
B) makes them eligible investments for certain institutional investors.
C) allows them to list on a public exchange.
D) prevents them from listing on a public exchange.
Correct Answer:
Verified
Correct Answer:
Verified
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