Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
An update from LuxUrban Hotels ( (LUXH) ) is now available.
LuxUrban Hotels Inc. has announced a one-for-seventy reverse stock split, aiming to enhance its position within Nasdaq Capital Markets and improve trading prospects. This move, approved by stockholders, reduces outstanding shares from approximately 151.85 million to 2.17 million, while also allowing flexibility in issuing additional shares by waiving the 19.99% share limit under Nasdaq rules. The reverse split will take effect on November 20, 2024, maintaining the trading symbol ‘LUXH.’
For an in-depth examination of LUXH stock, go to TipRanks’ Stock Analysis page.