Emcore (EMKR), whose shares closed at $1.26 today, announces a 1-for-4 reverse stock split, set...

|By:, SA News Editor

Emcore (EMKR), whose shares closed at $1.26 today, announces a 1-for-4 reverse stock split, set to go into effect on Feb. 15. Once this happens, Emcore's consensus EPS forecast for FY12 may stand at -$0.64, up from a current -$0.16.