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Term Of The Hour

split fractional share: Original post by C. Taylor of Demand Media When a publicly traded company conducts a reverse stock split, it consolidates the number of outstanding shares. For example, a 1-for-2 reverse split means you'll get one stock, valued twice as much as the before-split stock, for every two you own. This reverse split can result in a fractional share, such as 1 share turning into half a share. You can't…

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