Friday, May 19, 2023

Bird Battles Possible Delisting With Reverse Stock Split

Santa Monica-based micromobility provider Bird is continuing to fight possible NYSE delisting, with a reverse stock split, in hopes to move the company back into New York Stock Exchange compliance rules. The company went public in the huge go-public-via-SPAC rush of 2021, but is now dealing with investors unhappy with its earnings.

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