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X Corporation stock has been trading at $1 per share recently and the exchange where...

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Finance

X Corporation stock has been trading at $1 per share recently and the exchange where the stock trades will delist the stock if the price "breaks the buck." The company would like the share price to be around $10, which is comparable to other companies in its industry. To increase the price of the stock, the company can:
A declare a 1:10 reverse split to reduce the number of shares outstanding
suspend trading for a month to create investor demand for the stock
declare a 10:1 stock split to make its price more attractive
do nothing
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