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.
In short, a reverse/forward split is exactly as its name indicates: it's a reverse stock split followed by an immediate forward stock split. It effectively cashes out small investors who own fewer than 100 shares. This is how it works and why it's so controversial: