financetom
Business
financetom
/
Business
/
La Rosa to Implement 80-for-1 Reverse Stock Split; Shares Down Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
La Rosa to Implement 80-for-1 Reverse Stock Split; Shares Down Pre-Bell
Jul 2, 2025 6:41 AM

09:24 AM EDT, 07/02/2025 (MT Newswires) -- La Rosa Holdings ( LRHC ) said Wednesday it will implement an 80-for-1 reverse stock split to help regain compliance with Nasdaq's minimum bid price rule.

The company said its stock will start trading on a split-adjusted basis when the market opens Monday.

Shares of La Rosa were down 31% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UBS Reorganizing Global Wealth Management Arm
UBS Reorganizing Global Wealth Management Arm
Jun 27, 2024
07:23 AM EDT, 06/27/2024 (MT Newswires) -- UBS (UBS) is reorganizing its global wealth management arm as part of its strategy to offer more investment services to its ultra-rich client base, multiple news outlets reported Thursday. A new unit, GWM Solutions, has been created to consolidate the company's wealth offerings, with former Credit Suisse wealth banker Yves-Alain Sommerhalder as head,...
SM Energy buys XCL Resources' shale assets for $2 bln
SM Energy buys XCL Resources' shale assets for $2 bln
Jun 27, 2024
June 27 (Reuters) - SM Energy ( SM ) said on Thursday it had agreed to buy some assets of shale-focused producer XCL Resources for about $2 billion from private-equity firm EnCap Investments, extending its footprint in the Uinta region in Utah. Northern Oil and Gas ( NOG ) will also buy 20% of the oil and gas assets of...
Elanco Animal Health Updates US FDA Approval Timelines for Two Drugs; Boosts 2024 Innovation Sales Outlook
Elanco Animal Health Updates US FDA Approval Timelines for Two Drugs; Boosts 2024 Innovation Sales Outlook
Jun 27, 2024
07:26 AM EDT, 06/27/2024 (MT Newswires) -- Elanco Animal Health ( ELAN ) said Thursday that it has made progress in gaining US Food and Drug Administration approval for its drugs Zenrelia and Credelio Quattro. For Zenrelia, the company said it expects approval in Q3 followed by a US launch in Q4. For Credelio Quattro, the company said it expects...
Levi Strauss Pegs 2024 Revenue at Guidance Midpoint as Second-Quarter Result Misses Street
Levi Strauss Pegs 2024 Revenue at Guidance Midpoint as Second-Quarter Result Misses Street
Jun 27, 2024
07:23 AM EDT, 06/27/2024 (MT Newswires) -- Levi Strauss (LEVI) kept its outlook for full-year revenue growth, but said the result is now expected in the middle of the range after the outcome in the second quarter missed estimates, despite growing 8% year over year. The jeans and clothes company expects reported revenue growth to be at the midpoint of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved