Quantum announces reverse stock split

San jose, calif.--(business wire)--quantum corporation (nasdaq: qmco) ("quantum" or the "company"), a leader in solutions for ai and unstructured data, announced it will implement a 1-for-20 reverse stock split of its issued and outstanding shares of common stock. the reverse stock split is intended to increase the per share trading price of its common stock to satisfy the continued listing standards of the nasdaq stock market (“nasdaq”). the reverse stock split will not affect any stockholder'.
QMCO Ratings Summary
QMCO Quant Ranking