Healthcare Triangle is trading at $0.39, down 6.58%, after announcing a 1-for-20 reverse stock split aimed at regaining Nasdaq’s $1.00 minimum bid-price compliance.
- The split takes effect October 26.
- A report also noted the shares slipped about 5% in Thursday pre-market trading.
- Reuters reported Nasdaq futures fell more than 1% as AI spending concerns and rising oil weighed on sentiment.