Globalstar plans to shift listing to Nasdaq, announces reverse stock split [Yahoo! Finance]
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
globalstar.com/investors
Company Research
Source: Yahoo! Finance
stock split to boost visibility and attract more institutional investors, the satellite communications provider said on Monday. The reverse split, aimed at improving trading fundamentals, aligning the stock with industry peers, and attract greater investment participation, will take place in the first quarter of 2025, with the exact ratio to be determined closer to the effective date. Until the uplisting is complete, Globalstar shares will continue trading on the NYSE American, the company said in a statement. “With these changes (Nasdaq uplisting, reverse stock split) we expect to enhance our visibility, attract a more diverse and institutional shareholder base, and improve overall liquidity,” Chief Executive Officer Paul Jacobs said “Our reverse split will better align with trading dynamics and technical characteristics of our industry peers, which we expect will unlock value for our shareholders over the near and long-term.” Earlier this month, Globalstar announced a $1.1
Show less
Read more
Impact Snapshot
Event Time:
GSAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSAT alerts
High impacting Globalstar, Inc. news events
Weekly update
A roundup of the hottest topics
GSAT
News
- 3 Stocks to Watch From the Satellite and Communication Industry [Yahoo! Finance]Yahoo! Finance
- Globalstar Partner Spotter Achieves Milestone of Over 30,000 Satellite IoT Collars Deployed Across Central AsiaBusiness Wire
- Globalstar to Host Analyst & Investor Day on December 12, 2024 [Yahoo! Finance]Yahoo! Finance
- Globalstar to Host Analyst & Investor Day on December 12, 2024Business Wire
- Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq [Yahoo! Finance]Yahoo! Finance
GSAT
Earnings
- 11/7/24 - In-Line
GSAT
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/7/24 - Form 8-K
- GSAT's page on the SEC website