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Noodles & Co. considers a reverse stock split to boost share price and meet listing rules amid financial struggles.
Noodles & Co. is considering a reverse stock split to increase its share price, aiming to improve market perception and potentially meet listing requirements, according to recent filings.
The move comes as the restaurant chain continues to face financial challenges and low stock valuation.
The company has not yet finalized the decision, and any action would require shareholder approval.
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Noodles & Co. está considerando una división inversa de acciones para impulsar el precio de las acciones y cumplir con las reglas de cotización en medio de las dificultades financieras.