January 11, 2019 - 5:11 PM EST
Hovnanian proposes reverse stock split to meet NYSE listing standard

Hovnanian proposes reverse stock split to meet NYSE listing standard
  • Hovnanian Enterprises (NYSE:HOV) will seek shareholder approval to conduct a reverse stock split so that its shares meet the $1.00 minimum average closing price required by the NYSE's continued listing standard.
  • More news on: Hovnanian Enterprises, Inc., Financial stocks news,
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Source: SeekingAlpha (January 11, 2019 - 5:11 PM EST)