Traeger Announces 1-for-50 Reverse Stock Split
Traeger, Inc. (COOK)
Company Research
Source: Business Wire
SALT LAKE CITY--(BUSINESS WIRE)--Traeger, Inc. (“Traeger” or the “Company”) (NYSE: COOK), creator and category leader of the wood pellet grill, today announced that it will proceed with a 1-for-50 reverse stock split (“Reverse Stock Split”) of its outstanding common stock following approval by its Board of Directors. The 1-for-50 ratio is within the range approved by stockholders at a special meeting of COOK stockholders held on March 2, 2026.The Reverse Stock Split is intended to increase the per-share trading price of the Company’s common stock, broaden its appeal to a broader group of institutional investors, and support the Company’s continued listing on the New York Stock Exchange (“NYSE”). The Company also believes the Reverse Stock Split may help enhance trading liquidity and reduce stock price volatility.The Reverse Stock Split is intended to bring the Company into compliance with the minimum share price requirement set forth in Section 802.01C of the New York Stock Exchan
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- Opinion: When the ground moves in global trade, great companies don't freeze. They adapt [Yahoo! Finance]Yahoo! Finance
- Traeger announces 1-for-50 reverse stock split [Seeking Alpha]Seeking Alpha
- Traeger (COOK) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=COOK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "hold" to "sellMarketBeat
- Traeger (COOK) had its price target lowered by Canaccord Genuity Group Inc. from $3.00 to $2.00. They now have a "buy" rating on the stock.MarketBeat
COOK
Earnings
- 3/5/26 - Beat
COOK
Sec Filings
- 3/17/26 - Form 8-K
- 3/12/26 - Form 8-K
- 3/11/26 - Form 3
- COOK's page on the SEC website