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.
Investopedia explains Reverse Stock Split. For example, a 1-for-2 reverse split means that a shareholder will get half as many shares but at twice the price. A company that is forced into a reverse split may be in trouble because firms sometimes do it to artificially inflate their stock's price.