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Stock impact report

Upcoming Stock Splits This Week (September 2 to September 6) – Stay Invested [Yahoo! Finance]

ARCA biopharma, Inc. (ABIO) 
US:NASDAQ Investor Relations: arcabio.com/investors
Company Research Source: Yahoo! Finance
corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company's shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In this case, too, the market cap is maintained as the share price increases following the reverse stock split. Companies often undertake stock splits to improve the liquidity of the common shares and make them more affordable for retail investors. Let's look quickly at the upcoming stock splits for the week. ARCA Biopharma (ABIO) – ARCA Biopharma is now Oruka Therapeutics following the completion of its merger with Oruka on August 29. Oruka is a clinical-stage biopharmaceutical company developing novel treatments for plaque psoriasis, psoriatic arthritis, and other dermatologic and inflammatory indications. On August 23, ARCA's Show less Read more
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