Reverse splits stocks

Screening Filters

1. market_cap_category: nano, micro, small

   • Purpose: Focus on smaller companies.
   • Rationale: Reverse splits are much more common among lower-priced, smaller-cap stocks than among large, established companies. Screening for nano-, micro-, and small-cap names makes it more likely to surface stocks that have recently done, or may be undergoing, a reverse split.

2. price max: 5

   • Purpose: Target low-priced stocks.
   • Rationale: A reverse split is often used when a stock’s share price has fallen very low and the company wants to raise the per-share price to remain compliant with exchange listing requirements or improve market perception. Limiting the price to $5 and below helps capture the types of stocks where reverse splits are most relevant.

3. list_exchange: XNYS, XNAS, XASE

   • Purpose: Restrict results to major U.S. exchanges.
   • Rationale: Reverse split activity is most transparent and most commonly tracked on the NYSE, Nasdaq, and NYSE American. Limiting the search to these exchanges improves data quality and keeps the results aligned with U.S.-listed stocks.

4. region: US

   • Purpose: Keep the screen to U.S. companies.
   • Rationale: This matches the typical context for reverse split screening and ensures the results are focused on U.S. issuers, where exchange and corporate-action reporting is most standardized for this kind of query.

Why Results Match:

• The user asked for reverse split stocks, which are usually low-priced, smaller companies that have already experienced significant share price decline.
• Using small market cap + low share price is a practical way to find stocks where reverse splits are most likely to occur or have occurred recently.
• Limiting results to U.S. stocks on major exchanges makes the screen cleaner and more relevant, since reverse splits are often tied to U.S. listing standards and corporate actions.
• While these filters do not directly search the “reverse split” event itself, they are well-suited for identifying the most likely candidates and the most relevant universe for this type of request.