Noodles & Company Announces Plans For 1-for-8 Reverse Stock Split Effective February 18, 2026
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيNoodles & Company announced a 1-for-8 reverse stock split, effective February 18, 2026, to make its shares more attractive to investors. This move aims to increase the stock's price and trading volume. The stock will continue to trade on the Nasdaq under the symbol 'NDLS'.
Market impact analysis based on neutral sentiment with 80% confidence.
سياق المقال
BROOMFIELD, Colo., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Noodles & Company (Nasdaq: NDLS) announced today that it plans to effect a 1-for-8 reverse stock split ("Reverse Stock Split") of its Class A common stock, par value $0.01 per share ("Common Stock"), that is expected to become effective on February 18, 2026 at 12:01 a.m.. Eastern Time. Noodles’ Common Stock will continue to trade on The Nasdaq Global Select Market (“Nasdaq”) under the existing symbol “NDLS” and is expected to begin trading on
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