Why Is Inspire Veterinary (IVP) Stock Up 35% Today?

Inspire Veterinary (NASDAQ:IVP) stock is on the rise Thursday after the veterinary hospital operator enacted a reverse stock split for its shares yesterday.That reverse stock split saw the company consolidate 100 shares of IVP stock into a single share. This also saw it drop its authorized shares from 100 million to 1 million to match the change from the reverse split.Inspire Veterinary’s shares continue to trade on the Nasdaq Exchange following the reverse split. However, the stock now uses “45784E” as its ...