HeartCore shares surge 16.23% after-hours following 1-for-20 reverse stock split execution.

HeartCore Enterprises surged 16.23% in after-hours trading following the execution of a 1-for-20 reverse stock split, a move previously approved by shareholders on June 30, 2025. The reverse split, which grants the company a more stable share price and potentially improved market perception, was likely viewed favorably by investors, prompting the significant after-hours gain.