Gossamer Bio To Effect 1-For-80 Reverse Stock Split
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Why It Matters
Gossamer Bio is combining 80 old shares into 1 new share to raise its stock price. This is a math trick that does not change what the company is worth, but watch if the company's business is actually getting stronger.
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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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