A reverse split is the consolidation of a company's stock into a lesser number of outstanding shares.

Question

Quizplus · Accepted Answer

A reverse split is also known as a stock consolidation or reverse stock split, where a company reduces the number of its outstanding shares by consolidating them into a lesser number of shares. This is typically done to increase the price per share and make the company more attractive to investors.

A Reverse Split Is the Consolidation of a Company's Stock