NovaStar Financial Inc., Kansas City, Mo., has announced a one-for-four reverse stock split of its outstanding common stock.Immediately after the reverse split, NovaStar had approximately 9.47 million shares of stock outstanding, the company reported. The stock began trading July 30 under a new CUSIP number: 669947889. NovaStar can be found on the Web at http://www.novastarmortgage.com.

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