Move's (MOVE) 1-for-4 Reverse Stock Split Takes Effect Today

November 21, 2011 7:02 AM EST
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Move, Inc. (NASDAQ: MOVE), the leader in online real estate, today announced a previously approved 1-for-4 reverse split of its common stock (the "Reverse Stock Split") has been implemented. Trading on NASDAQ of the reverse stock split-adjusted shares of Move, Inc. common stock will commence at the opening of NASDAQ trading today. Move, Inc. shares will continue to trade on the NASDAQ Stock Exchange under the symbol MOVE, with the letter "D" added to the end of the trading symbol for 20 trading days, indicating a reverse stock split has been effected. The new CUSIP number for the Company's common stock following the Reverse Stock Split is 62458M 207.

The Reverse Stock Split became effective as of 5:00 p.m., Eastern time, on November 18, 2011, at which time every four (4) shares of the Company's issued and outstanding common stock were automatically combined into one (1) issued and outstanding share of the Company's common stock, without any change in the par value per share.

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