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Lpath Opts for Reverse Stock Split to Gain NASDAQ Listing (LPTN)

In a bid to list on the NASDAQ capital market, the biotechnology company Lpath (OTC: LPTN) announced a 1-for-7 reverse stock split of the company’s Class A common stock. However, following the news, the stock price receded to $0.66 in the first hour of trading with twice the three-month average volume. The California-based Lpath focuses […]