Fly-E Plunges 12.44% on Reverse Stock Split

On July 3, 2025, Fly-E experienced a significant drop of 12.44% in pre-market trading, sparking concerns among investors about the company's recent performance and future prospects.

Fly-E Group Inc. recently announced a reverse stock split, which led to a substantial decline in its share price. This move is often seen as a strategy to boost the stock's price per share, but it can also signal underlying financial issues or a need to meet listing requirements. The reverse split has raised questions about the company's financial health and its ability to maintain investor confidence.

Investors are closely monitoring Fly-E's performance, as the reverse stock split has added to the uncertainty surrounding the company. The market reaction to this news highlights the sensitivity of investors to corporate actions that could impact the stock's value. As Fly-E navigates through this challenging period, it will be crucial for the company to communicate transparently with shareholders and address any concerns about its financial stability.