Motus GI Holdings shares are trading lower. The company announced a 1-for-15 reverse stock split.
Portfolio Pulse from Benzinga Newsdesk
Motus GI Holdings announced a 1-for-15 reverse stock split, leading to a decrease in its share price.

November 01, 2023 | 3:02 pm
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Motus GI Holdings' shares are trading lower after the company announced a 1-for-15 reverse stock split.
Reverse stock splits are often used by companies to increase their share price and attract investors. However, they can also be seen as a sign of trouble, leading to a decrease in share price. In this case, Motus GI Holdings' shares are trading lower following the announcement.
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