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MICROSECTORS FANG & INNOVATION -3X INVERSE LEVERAGED ETN将于2024年3月25日除权除息,10股合为1股

MICROSECTORS FANG & INNOVATION -3X INVERSE LEVERAGED ETN To Carry Out 1-for-10 Reverse Stock Split On March 25th, 2024

Futu News ·  Mar 22 09:00

March 22nd - $MICROSECTORS FANG & INNOVATION -3X INVERSE LEVERAGED ETN (BERZ.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from March 25th, 2024.

$MICROSECTORS FANG & INNOVATION -3X INVERSE LEVERAGED ETN (BERZ.US)$ slipped 2.97% and closed at $2.61 on March 21st with a turnover of $2.3 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

The translation is provided by third-party software.


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