Intelligent Group shares fall 17.05% after-hours as company announces 1-for-20 reverse stock split.

jueves, 22 de enero de 2026, 5:11 pm ET1 min de lectura
INTJ--
Intelligent Group fell 17.05% in after-hours trading following the announcement of a 1-for-20 reverse stock split, approved by its board on January 15, 2026, with an expected effective date of February 4, 2026. The move, detailed across multiple international press releases, aims to consolidate shares but is likely viewed negatively by investors. Reverse stock splits often signal financial distress or efforts to meet listing requirements, which can erode investor confidence. The significant after-hours decline aligns with market skepticism toward the restructuring, as such actions are frequently associated with companies struggling to maintain stock price thresholds or attract liquidity. The lack of additional positive catalysts in the provided news further supports the bearish sentiment driving the sharp drop.

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