MICROSOFT CORP
CIK: 0000789019
Associated companies
Transaction History
| MYPS | ▼ Sell | Open Market | 1,000,000 | $1.9M | 2/22/2024 | View on chart |
| MYPS | ▼ Sell | Open Market | 1,000,000 | $1.9M | 2/22/2024 | View on chart |
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September 29, 2026
PlayStudios Announces Reverse Split and Product Cessation
PlayStudios announced a 1-for-10 reverse stock split and plans to stop operations of its sweepstakes product. The company expects a pre-tax impairment charge of $3 million to $3.5 million in the third quarter. These moves aim to address the stock's low trading price and streamline the business.
PlayStudios Announces Reverse Split and Product Cessation. PlayStudios announced a 1-for-10 reverse stock split and plans to stop operations of its sweepstakes product. The company expects a pre-tax impairment charge of $3 million to $3.5 million in the third quarter. These moves aim to address the stock's low trading price and streamline the business.