Solar ETF Readies 1-for-15 Reverse Split After Long Decline

A solar energy ETF that has shed about three-quarters of its value the past year is preparing a 1-for-15 reverse share split. Market Vectors Solar Energy ETF (NYSEArca: KWT) will undergo a reverse split on July 2., according to manager Van Eck Global. The price of a share will increase but the...
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