NYCB Stock Alert: New York Community Bancorp Announces Reverse Stock Split
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Information
New York Community Bancorp (NYSE: NYCB ) stock is in the news Thursday after the financial services ...
Original sourceAI Summary
- NYCB stock down after announcement of a one-for-three reverse stock split. - Reverse stock split aimed to boost share price without impacting market capitalization. - Shares down 1.1% on the news and have declined 70.9% since the start of the year. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Corporate Developments
Market-Moving
- NYCB stock down after announcement of a one-for-three reverse stock split.
- Reverse stock split aimed to boost share price without impacting market capitalization.
- Shares down 1.1% on the news and have declined 70.9% since the start of the year.
Key Facts
- NYCB stock down after announcement of a one-for-three reverse stock split.
- Reverse stock split aimed to boost share price without impacting market capitalization.
- Shares down 1.1% on the news and have declined 70.9% since the start of the year.