NYCB Stock Alert: New York Community Bancorp Announces Reverse Stock Split

New York Community Bancorp notes that this follows up on the approval granted by shareholders for a split at its last annual shareholder meeting. The company's board of directors gave its approval to the reverse stock split yesterday. News of the reverse stock split has shares of NYCB sliding 1.1% lower on Thursday. Investors will note that the company's shares are also down 70.9% since the start of the year. We have all of the hottest market news traders need to know about on Thursday! A few examples inclu ...