Vivid Seats Inc. (SEAT) Monday announced a 1-for-20 reverse stock split of its Class A and Class B shares effective August 5.
Earlier, in a filing, the company had stated that the action was to reduce the risk of delisting from Nasdaq for not complying with its listing rules, which require a minimum bid price of $1.00 per share.
Vivid Seats stock had closed at $1.45, down 6.45% on Friday.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.