ZW Data Action Technologies announced that its board has approved a reverse stock split of its common stock, at a ratio of 1-for-5. The split is expected to become effective on January 18, and the shares are expected to begin trading on the split-adjusted basis on the Nasdaq under the company’s existing trading symbol "CNET" at market open on January 20, upon Nasdaq’s approval.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CNET:
- ZW Data Action Technologies Inc. Announces Reverse Stock Split
- ZW Data, Superwin to jointly develop Web3.0 application service platform
- ZW Data Action Technologies and Superwin Technology Pte. Ltd. Plan to Jointly Develop Web3.0 Application Service Platform
- ZW Data, Micro Connect cooperate to promote leapfrog development for stores
- ZW Data Action Technologies and Micro Connect Cooperate to Promote Leapfrog Development for Brand Stores Scale