TIAN RUIXIANG Holdings Ltd. Announces 1-for-5 Share Consolidation
Portfolio Pulse from Benzinga Newsdesk
TIAN RUIXIANG Holdings Ltd. announced a 1-for-5 share consolidation, effectively reducing the number of shares available and potentially increasing the share price due to the reduced supply.
May 08, 2024 | 10:34 pm
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TIAN RUIXIANG Holdings Ltd.'s 1-for-5 share consolidation could lead to a temporary increase in share price due to the reduced number of shares available.
Share consolidations often lead to a temporary increase in share prices as the market adjusts to the reduced supply of shares. However, the long-term impact depends on the company's performance and market perception.
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