A company experiences a stock split due to poor performance. Ariana's initial investment was a purchase of 50 stocks at $12.99 per share. The reverse split is 1:2.
How many stocks does Ariana own after the stock split?

 25

Explanation:

Given, A company experiences a stock split due to poor performance. Ariana's initial investment  was a purchase of 50 stocks at $12.99 per share.

Value of her shares = 50 x $12.99

= $649.50

The reverse split is 1:2 means the number of shares split into half but the total value of her shares remains the same.

i.e. Ariana owns  50/2=25 stocks after the stock split.

Hence, Ariana owns 25 stocks after the stock split.

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