Scienture Holdings (SCNX) Stock Drops 19% After Hours: Here's What Happened
Scienture Holdings shares tumble 19% after hours following a newly announced 1-for-25 reverse stock split.
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Why It Matters
Scienture Holdings did a reverse stock split, combining 25 old shares into 1 new share. This made the stock price jump on paper, but the company's real value stayed the same.
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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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