$Digital World Acquisition Corp(DWAC.US)$ back to 20

$ECD Automotive Design(ECDA.US)$ any idea

$Digital World Acquisition Corp(DWAC.US)$
So bullish, it's better to get 200 shares

🚨⚡️🚨⚡️🚨⚡️🚨 3/6/2024 Apes Wednesday watchlist.
$Phunware(PHUN.US)$ $Ocean Biomedical(OCEA.US)$ $Enviva(EVA.US)$ $J-Long Group(JL.US)$ $Marpai(MRAI.US)$ $Airship AI(AISP.US)$
📊⚡️📊

Hello Mooers!
A quick overview of these nine stocks YTD performance (1 Jan to 1 Mar 2024).
$DraftKings(DKNG.US)$23.49%
$Disney(DIS.US)$23.99%
$ASML Holding(ASML.US)$30.92%
$Eli Lilly and Co(LLY.US)$34.17%
$Advanced Micro Devices(AMD.US)$37.47%
$Phunware(PHUN.US)$72.68%
$Arm Holdings(ARM.US)$88.46%
$Digital World Acquisition Corp(DWAC.US)$122.51%
$Super Micro Computer(SMCI.US)$218.54%
Do you think these stocks YTD will cont...

$Phunware(PHUN.US)$
I'm pretty new at all this stuff, but would someone be gracious enough to explain to me why my shares are gone today after the reverse stock split? I had over 100 shares

$Phunware(PHUN.US)$ A reverse stock split has several effects on the company: First, it can raise the price per share and make the company look more attractive, especially for investors who avoid low-priced stocks. Second, by reducing the number of shares in circulation, a reverse stock split may help the company meet the minimum share price requirements of certain stock exchanges. However, this move may also be interpreted by the market as a sign of the company's poor performance, which may have a negative impact on the company's stock price and investor confidence in the short term. In the long run, its effectiveness will depend on improvements in the company's fundamentals.