Reverse Split Red Flags: 3 Stocks Flashing Warning Signs to Sell
GOEVCanoo (GOEV) InvestorPlace·2024-04-29 18:33

The stocks discussed below are all flashing various warning signs that alert investors to sell. Each of these three companies has initiated a reverse stock split in the past. Some have initiated several. If you are unfamiliar with how reverse stock spits operate, this a quick explaination. Let’s say you own 10 shares of a given stock. That stock is also very weak and the price is falling.  A company might then choose to initiate a reverse stock split whereby those 10 stocks are converted into a single stock ...