Well, that didn't go as planned: Emcore (EMKR -15.1%) tumbles after announcing a 1-for-4 reverse...

|By:, SA News Editor

Well, that didn't go as planned: Emcore (EMKR -15.1%) tumbles after announcing a 1-for-4 reverse stock split. Perhaps investors fear the move is an attempt to draw attention away from Emcore's bleak near-term fundamentals.