edenk
2021-06-28

$Meta Materials Inc.(MMAT)$Can anyone explain why after merging with meta material the stockpricing become double…..thanks and appreciate if anyone can share….

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Comments

  • 767b72d8
    2021-06-28
    767b72d8
    If you reakised, you have half your share. Tiger broker has send a message regarding split/reverse split
    • edenk
      Yes i do realIze the stock unit has reduce half since after merged. btw what is this mean. Appreciate to share more ?
  • newbietrader
    2021-06-28
    newbietrader
    reverse split, essentially number of shares divide by two while price per share multiply by two
    • edenkReplynewbietrader
      thanKs For shaRing ????
    • edenk
      Hi thanks for the reply. in this case seems i dont Gain anyThing. is that happen? AppreciaTe if U can share mOre , Thanks
    • newbietraderReplynewbietrader
      to invest in the company. Conventionly company may do reversed stock split mainly do acheived a minimum stock price of 1USD in order to avoid being delisted on nasdaq. But seeing they actually do not
    • newbietraderReplynewbietrader
      required to do this stock split to "save" themselves. Anyone can share the reason as to why they did a reverse stock split?
    • newbietraderReplyedenk
      technically we won't "gain" any value out of a reversed split stock.Well having a higher stock price can have some psychological effects on retail investor that this isnt a penny stock thus safer to
  • Fisher83
    2021-06-28
    Fisher83
    Reversed stock split. Price doubled but volume halved.
    • edenk
      Hi thankyou for sharing. in this case do i loose my another half of stock….seems not riGht
  • Diophantus
    2021-06-28
    Diophantus
    With all the press releases, you still don't know why and need to ask. Perhaps you need to stay away from stock market. 
    • edenk
      What is Your problem then?
  • Ys8338
    2021-06-28
    Ys8338
    hi may I know what happened to my torchlight option? when the ticker is change? anyone have any idea? thanks
  • 唱歌的鱼
    2021-06-28
    唱歌的鱼
    今晚能涨多少
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