Registered Nurse, ICU (Current Employee) â Palm Coast, FL â August 25, 2017. Small acute care hospital with a very busy, high acuity patient load. ICU is generalized and has a wide variety of patient experiences. Great place for a new nurse to start a career.
In finance, a reverse stock split or reverse split is a process by which shares of corporate stock are effectively merged to form a smaller number of proportionally more valuable shares.
Reverse stock splits boost a company's share price. A higher share price is usually good, but the increase that comes from a reverse split is mostly an accounting trick. The company isn't any more valuable than it was before the reverse split. Whatever value it has is just distributed over fewer shares of stock, thus increasing the price.