UVXY 1:10 Reverse Split: Imminent Pri...

UVXY 1:10 Reverse Split: Imminent Price Decline?

Posted in the Business News Forum

Since: Jun 13

Kakinada, India

#1 Jul 10, 2013
Did you wake up this morning and see UVXY was above $60, and think some major volatility spike just happened only to discover in fact the volatility shares were subject to a 1:10 reverse split?
Sure if you look day-to-day maybe the trend is hard to spot. But spot this trend? Does the reverse split on UVXY portend a further imminent share price decline?

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