Shares of Kaixin Holdings (NASDAQ:KXIN – Free Report) are scheduled to reverse split on the morning of Friday, October 25th. The 1-60 reverse split was announced on Wednesday, October 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, October 24th.
Kaixin Price Performance
Shares of KXIN traded down $0.04 during mid-day trading on Wednesday, hitting $0.11. 15,586,469 shares of the company’s stock were exchanged, compared to its average volume of 12,026,376. Kaixin has a fifty-two week low of $0.06 and a fifty-two week high of $3.55. The business’s 50 day moving average is $0.13 and its two-hundred day moving average is $0.13.
About Kaixin
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