Upcoming Stock Splits This Week: Nasdaq Reverse Splits Pile Up as Booking, Powell and Pashupati Stand Apart
Nasdaq names set for reverse splits Monday include NextPlat, MultiSensor AI, Cenntro, and Quince Therapeutics. The split roster for April 13-17 has flipped from last week’s action, which featured forward splits at Booking Holdings and Powell Industries. The difference is key: forward splits drop the per-share price to make shares more accessible, while reverse splits do the opposite—reducing share count and boosting price, yet leaving market value untouched. Under Nasdaq rules, any stock sitting below $1 for 30 business days straight risks noncompliance, and to get back in line, it needs to log a $1 bid or higher for at least 10 business days.
