A Reverse Stock Split Is Coming for Marqeta Shares. Should You Jump In Before It Happens?
The split won't change the value of shareholder holdings much.
A Reverse Stock Split Is Coming for Marqeta Shares. Should You Jump In Before It Happens?
Overview
Here's some news for those who are or might like to be invested in fintech (financial technology) company Marqeta (NASDAQ: MQ): It's planning a reverse stock split. These are often undertaken by struggling companies, so investors should examine the situation carefully.
The company held its last annual meeting on June 10, and among other things, proposed a 1-for-4 reverse stock split.
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Details
Source
Originally published at www.fool.com.
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