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Nerdy Announces 1-for-15 Reverse Stock Split, Effective Aug. 19, 2026

Aug 14, 2026 · 04:40 PM ET· updated 1h ago

Company Expected to Regain Compliance with the NYSE’s Minimum Share Price RequirementTrading on Split-Adjusted Basis Expected to Begin on August 19, 2026Nerdy Inc. (NYSE:NRDY), a leading platform for delivering live

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Why It Matters

Nerdy is combining every 15 of its shares into 1 share to make the price higher, which helps it follow stock exchange rules. When a company does this, it usually means the stock price had fallen too low, so watch whether the company can actually improve its business.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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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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