Lexicon Pharma (LXRX) Reports In-Line Q1 Loss of 4c/Share

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Lexicon Announces One For Seven Reverse Stock Split Effective May 20, 2015

April 29, 2015 4:02 PM EDT

THE WOODLANDS, Texas, April 29, 2015 /PRNewswire/ -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) announced today that it will effect a reverse stock split at a ratio of one share of newly issued common stock for each seven shares of issued and outstanding common stock.  Lexicon anticipates that the reverse stock split will be effective at 5:00 p.m. Eastern Time on May 20, 2015, and that its common stock will commence trading on a split-adjusted basis as of the opening of trading on May 21, 2015.  ... More