Kaixin Holdings (NASDAQ:KXIN – Free Report)’s stock is scheduled to reverse split on the morning of Friday, October 25th. The 1-60 reverse split was announced on Wednesday, October 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, October 24th.
Kaixin Price Performance
KXIN traded down $0.04 on Wednesday, hitting $0.11. 15,586,469 shares of the company’s stock were exchanged, compared to its average volume of 12,026,376. The stock has a fifty day moving average of $0.13 and a two-hundred day moving average of $0.13. Kaixin has a twelve month low of $0.06 and a twelve month high of $3.55.
About Kaixin
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