VYNE Therapeutics Announces 1-For-50 Reverse Stock Split, Effective July 24
VYNE Therapeutics Inc. (NASDAQ:VYNE) ("VYNE" or the "Company") today announced that its previously announced special cash dividend (the "Cash Dividend"), declared in connection with the terms and
VYNE is doing a reverse stock split, which means every 50 shares you own becomes 1 share (the price per share goes up, but you own less of it). This is usually a sign a company is trying to keep its stock price from getting too low, so watch whether the company's business is actually improving or just the numbers on the chart.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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