Stock Split News, Upcoming Stock Splits This Week: Several companies have announced stock split of their shares and fixed record dates. The firms informed about these corporate actions over a period ...
To be eligible for a stock split, investors must hold shares as of the record date announced by the company.
Polestar performed a reverse stock split to get above the minimum share price to be eligible for the Nasdaq exchange. The company is burning money, with no path to positive profitability anytime soon.