Is Another Reverse Stock Split Inevitable for This Once-Promising Growth Stock?

Is Another Reverse Stock Split Inevitable for This Once-Promising Growth Stock?

Stock splits are encouraging developments because they mean that a stock has been performing well. At a high price tag, the company can justify slashing the stock price in half (or more) so that it becomes accessible to a wider pool of investors. One company that could end up going that route (again) is marijuana producer Aurora Cannabis (NASDAQ: ACB).