Zepp Health (ZEPP) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Zepp Health Corporation has announced a change in the ADS (American Depositary Shares) ratio, effectively executing a one-for-four reverse ADS split, expected to take effect around September 16, 2024. This move will require ADS holders to exchange every four existing ADSs for one new ADS, with the aim of proportionately increasing the trading price of its shares. The Company’s Class A ordinary shares will remain unaffected by this change.
For further insights into ZEPP stock, check out TipRanks’ Stock Analysis page.