ARCA Biopharma (ABIO +6.7%) trades up after announcing a 6-for-1 reverse split of its common...

|About: ARCA biopharma, Inc. (ABIO)|By:, SA News Editor

ARCA Biopharma (ABIO +6.7%) trades up after announcing a 6-for-1 reverse split of its common stock, which became effective after the close yesterday, and trading on the NASDAQ on a split adjusted basis as of today. The reverse split reduces ABIO's number of shares issued and outstanding from approximately 19.1M shares to approximately 3.2M shares.