Stellar Biotechnologies announces 1-for-7 reverse stock split

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Stellar Biotechnologies announces 1-for-7 reverse stock split

By Staff Report / Friday, April 27th, 2018 / Comments Off on Stellar Biotechnologies announces 1-for-7 reverse stock split

Port Hueneme manufacturer Stellar Biotechnologies announced a 1-for-7 reverse stock split of its common shares April 27, effective May 4. Shares for the company fell below a dollar in mid-December and ended April at 74 cents, down more than 11 percent year to date, for a market cap of $8.6 million. The company, which manufactures…

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