Taoping shares are trading higher after the company announced a 1-for-10 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
Taoping Inc. has announced a 1-for-10 reverse stock split, leading to a rise in its share prices.
July 31, 2023 | 4:10 pm
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POSITIVE IMPACT
Taoping's announcement of a 1-for-10 reverse stock split has led to an increase in its share prices.
Reverse stock splits are often used by companies to increase their share price and attract investors. This announcement by Taoping has led to a surge in its share prices, indicating a positive market response.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100