J-Long Group Limited (JL) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
J-Long Group Limited, a distributor of garment trims, is implementing a 1-for-10 reverse stock split to meet Nasdaq’s minimum bid price requirements. This move, effective December 9, 2024, aims to consolidate the company’s shares and potentially stabilize its market position. The adjusted shares will begin trading on December 10, 2024, under the existing ticker symbol ‘JL.’
For further insights into JL stock, check out TipRanks’ Stock Analysis page.
