Reported Earlier, Genius Group Announces 1-For-10 Reverse Stock Split To Comply With NYSE Minimum Price Requirement
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Genius Group has announced a 1-for-10 reverse stock split to comply with NYSE's minimum price requirement. The split will be effective on August 16, 2024.

August 06, 2024 | 5:23 am
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Genius Group has announced a 1-for-10 reverse stock split to comply with NYSE's minimum price requirement. The split will be effective on August 16, 2024.
The reverse stock split is a strategic move to comply with NYSE's minimum price requirement, which could stabilize the stock price in the short term. However, reverse splits can sometimes be perceived negatively by investors, leading to neutral short-term impact.
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