1.67
7.74%
0.12
Why is Msp Recovery Inc (LIFW) Stock down?
We've noticed a 9.88% decline in Msp Recovery Inc (LIFW) stock during the 2024-11-26 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
16 Oct, 2023:
Shares of MSP Recovery (LIFW) dropped by 12.90% from $2.17 to $1.89 in the trading on Monday, October 16, 2023. The reason why LIFW stock down is due to a stock split adjustment. MSP Recovery, Inc., also known as LifeWallet, executed a 1-for-25 reverse stock split on October 12, 2023, to meet Nasdaq's minimum $1.00 bid price requirement. The stock, trading under "LIFW," began trading on a split-adjusted basis from October 13, 2023, resulting in approximately 13.3 million shares of Class A common stock issued and outstanding.
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