CarParts.com Announces 1-for-10 Reverse Stock Split

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2026.05.21 13:10
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CarParts.com Inc. announced a 1-for-10 reverse stock split approved by shareholders on May 11, 2026. The split will take effect on May 25, 2026, with trading on a split-adjusted basis starting May 26, 2026. Post-split, approximately 8,057,806 shares will be outstanding. The latest analyst rating for PRTS stock is a Hold with a $0.60 price target, reflecting concerns over weak financial performance but noting improvements in profitability.