I’ve noticed that every time a company announces a reverse split, people immediately act like it’s over.
I get why. A lot of reverse splits happen because companies are struggling.
But is a reverse split itself actually the problem, or is it just a symptom?
There have to be some companies that used a reverse split, fixed their business, and ended up doing well afterward. I’m not talking about the usual dilution disasters—I’m talking about real turnaround stories.
Curious to hear what examples you guys remember. Which reverse split stocks actually proved everyone wrong?