SRX Global Hits 52-week Low After Trading Resumes Following Halt

Dow Jones07-07

SRX Global touched a 52-week low as they resumed trading after a nearly two-week halt.

The stock fell 64%, to $1.98, midday Monday and traded in an intraday range of $1.42 to $4.41 with multiple pauses due to volatility. Shares are down about 85% for the year to date.

The NYSE American exchange initially halted shares after the market closed June 23.

SRX Global said June 24 that a 60-for-1 reverse split would take effect Monday. The exchange informed the company that it didn't meet listing standards due to its low share price and that the stock would remain halted until the reverse split was completed.

The company invests in multiple sectors. It recently reported an investment in ARMR Sciences, which is developing countermeasures against synthetic drugs, such as fentanyl.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

July 06, 2026 15:05 ET (19:05 GMT)

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