anonymous
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anonymous
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Stock down to 51 cents today (new low). I guess the market doesn’t respond favorably when you signal bankruptcy is imminent.
Karyopharm Sets 1-for-15 Reverse Split to Meet Nasdaq Requirements | KPTI Stock News
Can Karyopharm's 15:1 Reverse Split Save Its Nasdaq Listing?
“This 1-for-15 reverse stock split represents a critical juncture for Karyopharm Therapeutics, reflecting deeper challenges beyond mere Nasdaq compliance. While the mechanical effect will boost the share price by 15x, historical data shows that reverse splits often precede further price deterioration, with approximately 80% of companies underperforming the market in the subsequent year.”
Karyopharm Sets 1-for-15 Reverse Split to Meet Nasdaq Requirements | KPTI Stock News
Can Karyopharm's 15:1 Reverse Split Save Its Nasdaq Listing?
“This 1-for-15 reverse stock split represents a critical juncture for Karyopharm Therapeutics, reflecting deeper challenges beyond mere Nasdaq compliance. While the mechanical effect will boost the share price by 15x, historical data shows that reverse splits often precede further price deterioration, with approximately 80% of companies underperforming the market in the subsequent year.”