MultiPlan announced that the previously announced 1-for-40 reverse stock split of its outstanding shares of Class A common stock became effective as of September 20, 2024 at 5:00 p.m. Eastern Time. The common stock will continue trading on the New York Stock Exchange under the existing symbol and will begin trading on a split-adjusted basis when the market opens on September 23, 2024, with the new CUSIP number 62548M 209.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPLN:
- Glenn R. August Resigns from MultiPlan’s Board of Directors
- MultiPlan announces date for reverse stock split
- MultiPlan price target lowered to $1 from $2 at Piper Sandler
- MultiPlan Announces Leadership Changes and Executive Compensation
- MultiPlan lowers FY24 revenue view to $935M-$955M from $1.0B-$1.03B