Reverse Stock Splits
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2023 Surge in Reverse Splits: A Deep Dive into Wall Street’s Growing Discomfort
Markets are fickle creatures, much like the weather – at times calm, at others stormy. But there’s a truth in investing: bear markets are more of a marathon than a sprint. This year, the financial world commemorates the first anniversary of the S&P 500’s drop to 3491, a time of significant tumult sparked by Federal Reserve Chair Jay Powell’s pointed remarks at the 2022 Jackson Hole Economic Symposium. The aftermath? A vertiginous descent in equities, from which a foundation for recovery only emerged in mid-October. Market Recovery: A Tale of…
