Golden Minerals Company shares are trading lower after the company announced a 1-for-25 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
Golden Minerals Company announced a 1-for-25 reverse stock split, causing its shares to trade lower.

May 30, 2023 | 3:30 pm
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Golden Minerals Company's shares are trading lower due to the announced 1-for-25 reverse stock split.
The announcement of a 1-for-25 reverse stock split by Golden Minerals Company has led to a decrease in its share price. Reverse stock splits often signal a company's attempt to increase its stock price and avoid delisting, which can be perceived negatively by investors.
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