Hudson Pacific Executes 1-for-7 Reverse Stock Split in Attempt to Boost Share Price

Los Angeles-based REIT consolidates shares in bid to regain investor confidence and meet exchange requirements Hudson Pacific Properties has pulled the trigger on a dramatic 1-for-7 reverse stock split, slashing its outstanding share count from 379.5 million to approximately 54.2 million shares in a move designed to prop up its flagging stock price and maintain […]