Wheeler Real Estate Investment Trust Announces 1-For-5 Reverse Stock Split, Effective July 27
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Why It Matters
Wheeler Real Estate is combining every 5 shares into 1 share on July 27—so if you own 5 shares, you'll have 1 share instead. This doesn't change what you own; companies sometimes do this when their stock price gets very low and they want to make it look healthier to investors.
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