The Hungry Investor: This Food Company's Stock Split In Reverse

The Impact of SMFL's 1:3 Reverse Stock Split on Investors

Friday marked a significant shift in the financial landscape for $SMFL as the company is trading post 1:3 reverse split. This decision, which affects the stock's price and number of shares outstanding, has potential implications for investors, particularly those with established positions in the company.

A reverse stock split is a corporate action that c…