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Beyond Meat (BYND) Stock Jumps 10% After 1-for-30 Reverse Stock Split to Meet Nasdaq Rules
By Trader Edge at 2026-10-03 06:35
Sentiment: Positive
TLDR Beyond Meat stock rose over 10% after completing a 1-for-30 reverse stock split on Friday. The split was done to stay above Nasdaq’s $1.00 minimum bid price requirement before the August 31 deadline. Every 30 existing shares were consolidated into one, with authorized shares cut from 3 billion to 100 million. TD Cowen analyst [...] The post Beyond Meat (BYND) Stock Jumps 10% After 1-for-30 Reverse Stock Split to Meet Nasdaq Rules appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central