Juzi Holdings Shares Up 100%+ Premarket; Stock Began Trading On A 1:18 Reverse Split On July 10
Portfolio Pulse from Charles Gross
Shares of Juzi Holdings have surged over 100% in premarket trading. This follows a 1:18 reverse stock split that took effect on July 10.
July 13, 2023 | 8:57 am
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Juzi Holdings' stock has seen a significant increase in premarket trading, following a 1:18 reverse stock split.
The surge in Juzi Holdings' stock price is directly linked to the recent 1:18 reverse stock split. Reverse splits are often used to increase the share price of a company, making it more attractive to investors. This has resulted in a significant increase in demand for the stock, leading to the observed price surge.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100