Coldwater Creek announces 1-for-4 reverse stock split Coldwater Creek announced that its board of directors has approved a 1-for-4 reverse stock split of its common stock. The reverse split will become effective and Coldwater Creek common stock will begin trading on a split-adjusted basis when trading begins on Oct. 4. CEO Dennis Pence commented: "The decision to complete a reverse stock split was necessary for us to maintain our listing position on the Nasdaq Global Select Market, attract high quality investors and more effectively capitalize on the positive changes we have made to our brand which we believe will result in sustained long-term profitability and shareholder value."
News For CWTR From The Last 14 Days
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