Home Equities Score Here's how in the early morning session, the stock of Acorda Therapeutics,...

Here’s how in the early morning session, the stock of Acorda Therapeutics, Inc. (ACOR) peaked

Acorda Therapeutics, Inc. (Nasdaq: ACOR) shares skyrocketed 468.03% to 3.92 in the pre-‎market session Monday, January 4, 2021, after the Company recently revealed that the ‎previously disclosed 1-for-6 reverse stock split of its outstanding and accepted common ‎stock shares had been completed. At 4:01 p.m., the reverse stock break took place. Eastern ‎Time today, and the Company’s common stock will resume trading on a split-adjusted basis ‎on the free market on January 4, 2021.‎

Get the hottest ‎stocks to trade every day before the market opens 100% ‎free. Click here ‎now. 

Acorda’s stockholders passed a resolution authorizing a reverse stock split at their Special ‎Meeting of Stockholders held on July 31, 2020. To remain on The Nasdaq Global Select ‎Market, the Company needs to comply with the $1.00 minimum bid price.‎


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Read More

Every six shares of Acorda’s issued and outstanding common stock were automatically ‎combined and converted into one share of common stock in the reverse stock split. ‎Accordingly, the number of shares of the Company’s authorized common stock was reduced ‎from 370,000,000 to 61,666,666. The reverse stock split resulted in fractional shares ‎rounded up to the next whole number. Reverse stock splits are applied equally to all ‎outstanding shares of the common stock. No stockholder held less common stock upon the ‎reverse stock split than they had done immediately before the reverse stock split because ‎fractional shares were not included in the reverse stock split calculation.‎‎

Get the hottest stocks to trade every day before the ‎market opens 100% ‎free. Click here now. 

‎Accorda’s common stock ‎continues to trade on Nasdaq, and the CUSIP number has changed to 00484M601.‎

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Apple Inc. (AAPL) Stocks dip but future prospects for the company seem very positive

On Thursday, Apple shares (NASDAQ: AAPL) closed at $120.99 which is 3.5% lower. In the after-hours session, the price further declined by 0.2%.  The...

Tesla Inc. (TSLA): a Game of Thrones, Tweets and Bitcoin

Tesla Inc. (NASDAQ: TSLA) shares plunged by more than 8% when the market closed on Thursday. The news that most significantly impacted this plunge...

The Reasons Behind 30% Fall Of Tricida, Inc.’s (TCDA) Shares In Extended Trades

The drugmaker Tricida, Inc.’s (TCDA) shares experienced a fall of -29.62% in the trading after the ring of the bell on Thursday. The South...

Why Chromadex Corp. (CDXC) Remains A Gainer After Ring Of The Bell?

The biotechnology company ChromaDex Corporation (CDXC) continued the rally after ring of the bell on Thursday rising +18.68%. During the regular session price of...

ReTo Eco-Solutions Stock Drops Pre-Market Today: Why?

The manufacturer and distributor of construction material ReTo Eco-Solutions Inc. (NASDAQ: RETO) has been experiencing a fall of more than 10% in pre-market session...

What Took Gabelli Healthcare (GRX) Stock Down 18% In Pre-Market?

The Gabelli Healthcare & Wellness Trust (GRX) is sinking -18.33% in pre-market trading today following the announcement of a cash distribution by the organization...

What’s Hurting Tengasco Inc (TGC) Stock? Why Is It Down 26% Pre-Market?

Stock of oil and gas exploration firm Tengasco, Inc. (NYSE: TGC) is seeing a decline in pre-market trades today. Shares of the company were...

Apple Inc. (AAPL) Stocks dip but future prospects for the company seem very positive

On Thursday, Apple shares (NASDAQ: AAPL) closed at $120.99 which is 3.5% lower. In the after-hours session, the price further declined by 0.2%.  The...

Related News

Were You Wondering Why Northern Dynasty (NAK) Stock Spiked 24% In Early Trades Today?

Shares of mineral exploration firm Northern Dynasty Minerals Ltd. (NYSE: NAK) has been gaining momentum in early trades today. As of 11:42 a.m. EST,...

What’s Hurting Tengasco Inc (TGC) Stock? Why Is It Down 26% Pre-Market?

Stock of oil and gas exploration firm Tengasco, Inc. (NYSE: TGC) is seeing a decline in pre-market trades today. Shares of the company were...

Why did Armstrong Flooring, Inc. (AFI) stock gain traction after-hours?

After remaining stable during the regular session, shares of Armstrong Flooring, Inc. (NYSE: AFI) get traction in after-hours trading on Thursday on a definitive...

Why Pandion Therapeutics [PAND] Stock Skyrocketing Pre-Market Today?

Pandion Therapeutics Inc. (NASDAQ: PAND) stock has been skyrocketing in pre-market trades today following news of a definitive agreement of acquisition. As of 08:50...

Why Cross Country Healthcare Inc (CCRN) Saw Its Share Climbing 27% After Market?

Shares of staffing firm Cross Country Healthcare, Inc. (NASDAQ: CCRN) rose 27.04% in after market trades on Wednesday following announcement of financial results for...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.