Cara Therapeutics board approves 1-for-3 reverse stock split

Written by Emily J. Thompson, Senior Investment Analyst

CARA%

Updated: Apr 14 2025

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Reverse Stock Split Announcement: Cara Therapeutics has approved a 1-for-3 reverse stock split of its common shares, which will take effect on April 16.
Merger and Name Change: Following the merger with Tvard Therapeutics, Cara's stock will trade under the new name Tvardi Therapeutics and the symbol "TVRD".

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Cara Therapeutics board approves 1-for-3 reverse stock split

About the author

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