TRxADE HEALTH shares are trading higher after the company announced a 1-for-15 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
TRxADE HEALTH announced a 1-for-15 reverse stock split, causing its shares to trade higher.
June 21, 2023 | 7:23 pm
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POSITIVE IMPACT
TRxADE HEALTH's 1-for-15 reverse stock split announcement led to an increase in its share price.
The announcement of a 1-for-15 reverse stock split by TRxADE HEALTH has a direct impact on its share price, as it reduces the number of outstanding shares and increases the price per share. This news is highly relevant and important for investors in MEDS, as it affects the stock's value and market perception.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100