Wheels Up Considers Reverse Stock Split As Prices Fall
Wheels up signage displayed at the NYSE on July 14, 2021, the company's first day of public trading.
Credit: Richard Levine / Alamy Stock Photo
Wheels Up Experience has revised its 2022 financial statement to restate and increase its losses as it asked stockholders to give the board authority to boost the company’s stock price through a reverse stock split. As a result, the company would avoid the potential of a delisting on the New York...
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