Reported Earlier, Wetour Robotics Announces 1-For-100 Share Consolidation Effective August 3, Reducing Shares Outstanding To ~1,077,834
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Why It Matters
Wetour Robotics is combining 100 old shares into 1 new share on August 3rd, so there will be way fewer shares total. When a company does this, watch if the stock price goes up to match—it's like cutting a pizza into bigger slices instead of tiny ones, but the pizza stays the same size.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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