$HIVE Blockchain Technologies Ltd.(HIVE)$
KEY TAKEAWAYS
A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares.
A reverse stock split does not directly impact a company's value (only its stock price).
It can signal a company in distress since it raises the value of otherwise low-priced shares.
Remaining relevant and avoiding being delisted are the most common reasons for corporations to pursue this strategy.
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