What are Reverse Stock Splits?
Cfefinances
Reverse stock splits don’t occur very often either and hopefully they won’t happen to a stock you own. A reverse stock split occurs when the stock is having trouble and the company wants the price to be a lot higher than it is. So the Stock price is doubled and you lose at least half of your shares
Think about a company shrinking its share count to lift the price — often a sign of trouble. Your shares get fewer while the per-share price rises.