NYCB Aug 2024 3.500 put
- Insider Monkey
Why Is New York Community Bancorp, Inc. (NYCB) the Best Bank Penny Stock to Buy Now?
We recently compiled a list of the 10 Best Bank Penny Stocks to Buy Now. In this article, we are going to take a look at where New York Community Bancorp, Inc. (NYSE:NYCB) stands against the other bank penny stocks. The US banking sector in 2024 faces various challenges and opportunities. Although the industry has […]
- Barrons.com
Embattled NYCB Is Doing a Reverse Stock Split. Shares Are Down 70% in 2024.
New York Community Bancorp says its board of directors has approved a one-for-three reverse stock split expected to become effective in mid-to-late July.
- Reuters
NYCB expects reverse stock split to take effect next month
An investment from a group that included former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital stabilized the stock, but trading remains rangebound. NYCB shares dipped nearly 2% before the bell on Thursday. Reverse stock splits typically boost prices by reducing the number of outstanding shares.
