Today, (June 18,2026) WHLR performed a reverse split 1:4. Since Jan, 2025, this is the eight such split totalling 1:50,400 . If you owned 51,000 shares in Jan 14,2025, you have a single share today, valued less than $5.00.
It is a NASDAQ listed stock. How can that happen? The credibility and prestige of being NASDAQ listed is rotting away each time any company has this happen, just to stay listed in this exchange.
Please help me understand this. My faith is nearly all gone now.