completed its 1-for-8 reverse stock split.
As a result, the stock will trade for the next month under ticker JDSUD. The trading symbol will revert back to JDSU on Nov. 14, the company said.
The reverse split reduced shares outstanding to 211 million from 1.7 billion.
The Milpitas, Calif., company said it also bought the technology and patent portfolio of Metconnex Canada for $2.5 million. The parties agreed to dismiss their patent litigation.