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A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
Among the 15 analysts who follow Axon, 100% have a buy rating on the stock. Shares of Axon Enterprise (NASDAQ: AXON) have surged 1,780% in the last two decades, which equates to 15.8% annually.
Journal of Biotechnology is a peer-reviewed scientific journal covering research ranging from genetic and molecular biological positions to biochemical, chemical, or bioprocess engineering aspects as well as research on the computer application of new software concepts which are directly relevant to biotechnology.
Image source: Getty Images. Lam Research: Implied upside of 49%. The other stock-split stock that one Wall Street analyst believes can soar in the new year is semiconductor wafer fabrication ...
AboveNet: Its stock rose 32% on the day it announced a stock split. Actua Corporation (formerly Internet Capital Group): A company that invested in B2B e-commerce companies, it reached a market capitalization of almost $60 billion at the height of the bubble, making Ken Fox, Walter Buckley, and Pete Musser billionaires on paper.
Arista Networks (NYSE:ANET) is another AI beneficiary that has continued to rally since its stock split. The company did a 4-for-1 stock split on December 4, 2024, and it's up by about 3% since ...
Jazz Pharmaceuticals plc (a merger of Jazz Pharmaceuticals, Inc. and Azur Pharma plc) is a global biopharmaceutical company with a focus on oncology and neuroscience.It was founded in 2003 in California, United States. [2]