Kaixin Holdings (NASDAQ:KXIN – Free Report)’s stock is going to reverse split on the morning of Friday, October 25th. The 1-60 reverse split was announced on Wednesday, October 23rd. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, October 24th.
Kaixin Stock Performance
NASDAQ KXIN traded down $0.04 during trading on Wednesday, reaching $0.11. The company’s stock had a trading volume of 15,586,469 shares, compared to its average volume of 12,026,376. Kaixin has a 12 month low of $0.06 and a 12 month high of $3.55. The firm has a 50 day moving average price of $0.13 and a 200 day moving average price of $0.13.
About Kaixin
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