Is the reverse split going to kill this lvlt

Absolutely reverse splits are almost always bad, it allows larger investors to get in on the short. Same thing happened with ADGF a couple months ago. Might want to check revlon if you a looking for a short due to reverse split I believe they have one coming up

Companies do a reverse split when there share price has dropped sharply, just because the price is higher doesnt mean the prospects for the company will be any better