Aterian Set to Implement 1-for-12 Reverse Stock Split on March 22
Wednesday, 20 March 2024, 12:11
Aterian to Implement 1-for-12 Reverse Stock Split
In a recent development, Aterian (ATER) has disclosed plans for a 1-for-12 reverse stock split of its common stock, resulting in a 2.6% uptick in premarket trading on Wednesday.
The reverse stock split is slated to come into effect on March 22, prompting interest from both investors and market observers regarding its potential influence on Aterian's stock performance.
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