Crown Electrokinetics to Implement 1-for-150 Reverse Stock Split; Shares Fall Pre-Bell

MT Newswires Live06-21

Crown Electrokinetics (CRKN) said Friday it expects to implement a 1-for-150 reverse stock split on its common stock.

Trading on a split-adjusted basis is expected to start at the market open Tuesday, with the stock retaining the symbol CRKN, the company said.

Shares of Crown Electrokinetics fell 16% in recent Friday premarket activity.

Price: 0.0420, Change: -0.01, Percent Change: -16.00

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment