Lulu’s Fashion Lounge announces 1-for-15 reverse stock split

Lulu’s Fashion Lounge (LVLU) announced that the company’s board of directors approved a 1-for-15 reverse stock split of the company’s common stock, par value $0.001 per share, effective July 3. The reverse stock split will be effective for purposes of trading on Nasdaq as of the opening of business on July 7 under the company’s existing trading symbol.