Investment experts only... clear me up!!!?

What a does reverse stock means? why did they change their ticker symbol?....my stock went up, but its in the different ticker... is it the same?

Answers so far are pretty decent as to what it is. It is in fact taking 5 or 10 or whatever number of shares and now making that equal 1 new share.

GTasty mentions why the stock symbol changes.

The reasoning typically behind WHY some companies will do this is in addition to getting a higher price (so it won't be delisted), it also helps investors factor in earnings.

A stock at 2.30 might only report 2 cents per share for earnings. In this case, there's a huge difference between 2.49 cents and 2.51 cents in earnings. As you can imagine 2c per share is a lot different than 3c per share to investors.

Companies in this case may do a 1 for 5, 1 for 10, or even 1 for 20 reverse split so now the company would be $23.00 (using a 1 for 10) and earnings will be easier to interpret as well at 25cents / share as opposed to either 2c or 3c before the split.

Hope that helps!

You know what a stock split is, it is when one share of stock becomes 2 shares (and the price of the stock is cut in half).

Reverse stock is when 2 shares (or 3 shares) becomes 1 Share ( and the price increases accordingly).

http://en.wikipedia.org/wiki/Reverse_Sto...

See what's going with the company.

Reverse stock splits are generally bad (in my experience). Its an attempt to bring the capital structure of the company back in to the realm of somthing resembling reasonable or bring the price back above a certian $ amount (usually a minimum listing threshold). More often than not they reverse 1 for 5 or 1 for 10, although bigger ratios are not unheard of. The price will go up becuase there are fewer shares outstanding - in an ideal situation stock price will go up by a factor of 10 in a 1 for 10 reverse. This somtimes happens, but the gains are seldom sustained.
The NASDAQ has 5th letter codes they put on symbols that involved in certian situations - the letter D is added for stocks that are splitting (the technical def. of the letter D code is 'NEW'). Your stock is most likely now trading with a D on the end, correct?

Hope this helps

I retired from the brokerage business... maybe I can help. A reverse stock means that your shares went up in value but you now have fewer shares. It's also possible that some of your shares were spun off and now fall under another stock ticker. So you might have two stocks now instead of one. If it's just one stock, sure, they can change the ticker.