Tiffany owned 1000 shares of GIA stock which was selling for $1.50 per share when the company declared a 1 for 10 reverse split. After the split, Tiffany owned

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In a 1 for 10 reverse split, for every 10 shares owned, they are consolidated into 1 share. Therefore, Tiffany's 1000 shares become 100 shares. The value of the stock per share increases proportionally to compensate for the reduced number of shares, making each share worth $15 (10 times the original price of $1.50).

Tiffany Owned 1000 Shares of GIA Stock Which Was Selling