What's Going On With Jiuzi Holdings (JZXN) Stock Thursday?
Portfolio Pulse from Erica Kollmann
Jiuzi Holdings, Inc. (NASDAQ:JZXN) shares surged after an 18-to-1 reverse share split reduced the float to 1.922 million shares. The stock is trading on high volume, with over 25 million shares traded, far exceeding the 100-day average of 127.2 thousand shares. The company has become a top trending ticker on Yahoo! Finance.
July 13, 2023 | 2:25 pm
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NEUTRAL IMPACT
American Airlines was mentioned in related news but no specific details were provided.
American Airlines was mentioned in related news, but without any specific details or context, it's unclear how this news might impact the stock.
CONFIDENCE 50
IMPORTANCE 10
RELEVANCE 20
POSITIVE IMPACT
Jiuzi Holdings shares surged after a reverse share split, attracting high trading volume.
The reverse share split reduced the number of shares available for trading, making each share more valuable. This, combined with the high trading volume, indicates strong investor interest, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100