Alzamend Neuro shares are trading lower after the company announced a reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
Alzamend Neuro has announced a reverse stock split, leading to a decrease in its share price.

October 30, 2023 | 12:49 pm
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Alzamend Neuro's stock price is expected to decrease in the short term due to the announced reverse stock split.
Reverse stock splits often lead to a decrease in the company's share price as they can be perceived as a negative signal about the company's financial health. As Alzamend Neuro has announced a reverse stock split, it is expected that its share price will decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100