Shares of Kaixin Holdings (NASDAQ:KXIN – Free Report) are going to reverse split before the market opens on 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 closing bell on Thursday, October 24th.
Kaixin Trading Down 27.4 %
NASDAQ:KXIN traded down $0.04 during trading hours on Wednesday, reaching $0.11. 15,586,469 shares of the company’s stock were exchanged, 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 business’s 50-day simple moving average is $0.13 and its two-hundred day simple moving average is $0.13.
About Kaixin
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