31. No shareholders spoke against the reverse split , but it apparently became a vehicle for protesting the broader plan. 32. AT & T is proposing that the reverse split take effect after the Comcast deal is completed. 33. With the reverse split , the $ 2 in their plan is the functional equivalent of $ 1 a share. 34. But that price does not adjust for two subsequent splits in the stock, one of them a reverse split . 35. Palm Inc ., for example, had a 1-for-20 reverse split on Oct . 15. 36. As in the case of the reverse splits , this difference remained even after adjusting for market cap and momentum. 37. In a reverse split , a corporation reduces the number of its shares outstanding to bolster its stock's price. 38. The stock had a reverse split of 1 for 20 in May, and now trades for 62.5 cents. 39. BEC, which makes commercial lamps, plans to hold a 1-for-2 reverse split before the moves. 40. Other companies have tried that tactic, only to see their stock tumble back below $ 1 after the reverse split .
