Answer: 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.
