National CineMedia Plans Reverse Stock Split To Keep Sinking Shares Afloat Avoid Nasdaq Delisting

In-theater advertising firm National CineMedia announced a special shareholders meeting to vote on a reverse stock split — a move that boosts the price of a company’s shares — as it risks being delisted by the Nasdaq market and works through a voluntary Chapter 11 reorganization. The company, which was founded and is largely owned […]

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