10/9/2024, 3:42:02 pm

The Most-Anticipated Reverse Stock Split of the Year Has Arrived

Since 2024 began, hype surrounding the AI revolution has played a major role in lifting Wall Street's three major stock indexes to multiple record-closing highs. The euphoria surrounding stock splits has played an equally important role. Sirius XM Holdings completes a 1-for-10 reverse stock split, unique because it's not due to weakness, but to attract institutional investors.