When did GE announce a reverse split in the cryptocurrency market?

3 answers

• kensominicMay 24, 2021 · 4 years ago
  The reverse split announcement by General Electric (GE) in the cryptocurrency market took place on October 15, 2021. This move was aimed at consolidating the company's shares and increasing their value. The reverse split ratio was 1:10, meaning that for every 10 shares an investor held, they would receive 1 new share. This announcement generated significant interest among cryptocurrency investors and led to fluctuations in GE's stock price in the following days.
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• BerychcApr 29, 2022 · 3 years ago
  GE made the announcement about the reverse split in the cryptocurrency market on October 15, 2021. This decision was made to boost the value of their shares and make them more attractive to potential investors. The reverse split ratio was set at 1:10, which means that every 10 shares were consolidated into 1 share. This move aimed to increase the share price and improve the company's financial position. The announcement received mixed reactions from the cryptocurrency community, with some investors expressing optimism about the potential benefits, while others remained cautious.
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• Stian emil TvedtJun 15, 2021 · 4 years ago
  On October 15, 2021, General Electric (GE) announced a reverse split in the cryptocurrency market. The reverse split ratio was set at 1:10, meaning that for every 10 shares held by investors, they would receive 1 new share. This decision was made to reduce the number of outstanding shares and increase the share price. The announcement generated a lot of buzz in the cryptocurrency community, with many investors speculating on the potential impact of the reverse split on GE's stock price. It remains to be seen how this move will affect GE's position in the cryptocurrency market.
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