NextNRG is trading at $0.32, down 12.90%, following its October 28 announcement of a 1-for-10 reverse stock split.
- The split takes effect October 30; the company says outstanding shares will decline from approximately 16.84 million to 1.68 million.
- Nasdaq previously determined to delist the shares; an appeal hearing decision is pending.
- The Nasdaq Composite is down 1.59% in the supplied market context.