Sesen Bio no longer seeks reverse stock split as r
Post# of 150
IBIO got approval to do a reverse split and the stock continues to go down.
Makes sense to me.
On the other hand iBIO FastSpliting on a tear...
"iBio (IBIO) has 1 split in our IBIO split history database. The split for IBIO took place on June 11, 2018. This was a 1 for 10 reverse split, meaning for each 10 shares of IBIO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 100 share position following the split."
IBio +18.6% as it pulls reverse split plan - Mar. 02, 2020
iBio Announces Partial Adjournment of Annual Meeting to December 22 - DECEMBER 10, 2021
"With over 60% of all shares voted, iBio stockholders are in favor of the reverse split and authorized share decrease by approximately a 2-to-1 margin."
Got splitting on the membrane every year. That's insane for iBIO longers' brain