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Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
Any good books / courses on futures trading?
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Can I quit a job I started Monday? Lmao
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SPY 200 by year end
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Rising Star
My guess: People moving up the risk spectrum on the expectation that the Fed pivots on interest rates due to slowing economic growth. Seems like all high-risk growth names are popping a bit today.
Rising Star
Yeah, this. Cannabis companies are up even more than COIN
It's just people's sentiment of the long-term prospects of the stock changing so much. Probably because the stock is so new and the market is just figuring out what the heck is going on with this company will all the deleveraging that's been going on with crypto
Ok, it’s the blackrock deal.
Thanks, everyone