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.
Shares also trade in a secondary market on stock exchanges. A company can increase or decrease the number of shares outstanding without an IPO through stock splits and reverse splits. In all cases, the beneficiary of reverse split activity is the management of the company performing the reverse split. Shareholders may or may not benefit depending on the specifics of the reverse split.