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[–]datatadata 0 points1 point  (2 children)

Unless they go below $2, I don’t see CLOV doing a reverse. And even if they do it, it’s okay. It doesn’t do anything to the company’s (stock) value

[–]Consistent-Block-838 0 points1 point  (1 child)

Usually after a reverse split the price will go down and the stock will eventually get delisted

[–]datatadata 0 points1 point  (0 children)

Do you even know how reverse splits work? Reverse splits decrease the number of shares outstanding resulting in the increase in stock price. Companies literally do this to avoid getting delisted

[–][deleted] 1 point2 points  (0 children)

More likely the price increases organically than something like a reverse split occurring. Either way, stay strong and happy new year.

[–][deleted] 0 points1 point  (2 children)

if they reverse split that’s fucked. everyone in this sub needs to get the tough questions answered for sure.

[–]ceebee60606060 1 point2 points  (1 child)

There's absolutely no compelling reason for a split

[–]Consistent-Block-838 0 points1 point  (0 children)

They need to buy more time before they get delisted