Lument Finance Trust Board Approves 1-For-10 Reverse Stock Split, Effective September 9
Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its second quarter results and also announced that its Board of Directors has unanimously approved a 1-for-10
Lument Finance Trust is combining every 10 shares into 1 share on September 9th. When a company does this, it usually means the stock price got very low, so watch whether the company's actual business is getting stronger or weaker.
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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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