Monday, June 24, 11:27 AM ET
Market Vectors sets reverse splits on 7 ETFs, effective next month. As the share prices on these funds decline, the company is worried bid-ask spreads - on a percentage basis - will get too wide. Splitting 1-for-3: GEX, RSXJ, NLR. Splitting 1-for-4: EGPT, SCIF, GDXJ, REMX.