reverse stock Archives
There has been a flurry of reverse stock splits of late. Are they good for investors? Traditionally no. But there are exceptions.
While two of the three broad market indices fell on hard times in 2015, the top four recommendations in our 2015 Top Picks issue gave subscribers some excellent gains! For the year, the Dow Jones Industrial Average lost -2.24%, the S&P 500 was -0.73%...
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...
June 9, 2015 Reverse Stock Splits: The Pros & Cons A recent update from Gray Cardiff of Sound Advice—one of our Digest contributors—reminded me of a stock practice that most analysts and investors like to avoid.Gray noted a 1-for-4 reverse stock split (also as...
This newly-formed company from two stalwarts surpassed analysts’ revenue estimates and was just upgraded to “outperform” by Northland Capital.
from Nate’s Notes
As anticipated, the merger between TriQuint and RF Micro Devices was completed at the end of 2014, and the new company, Qorvo, begun...