a reverse stock split Archives
There has been a flurry of reverse stock splits of late. Are they good for investors? Traditionally no. But there are exceptions.
A reverse stock split prompted profit-taking, although our contributor remains positive on the shares, long-term. The shares have a current dividend yield of 3.1%, paid quarterly.
First Busey (BUSE)
from Contra the Heard
The position in First Busey (BUSE) was sold in May when the company approval...