Intelligent Group shares rise 20.48% premarket after announcing 1-for-20 reverse stock split to boost share price.

viernes, 23 de enero de 2026, 8:17 am ET1 min de lectura
INTJ--
Intelligent Group surged 20.48% in premarket trading following the announcement by its board on January 15, 2026, of a 1-for-20 reverse stock split. The move, expected to take effect by February 4, 2026, aims to enhance the stock’s accessibility and liquidity, aligning with common corporate strategies to maintain listing requirements or attract broader investor interest. The approval of the split, which consolidates shares and raises the per-share price, was interpreted as a positive signal of the company’s financial strategy and long-term positioning. The pre-split trading activity reflects investor optimism about the structural change, despite the delayed implementation date.

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