Noodles shares surge 12.52% after-hours as 1-for-8 reverse stock split approved to meet Nasdaq listing requirements.

jueves, 5 de febrero de 2026, 4:32 pm ET1 min de lectura
NDLS--
Noodles & Company surged 12.52% in after-hours trading following the announcement of a 1-for-8 reverse stock split, approved by shareholders and the board to comply with Nasdaq’s $1.00 minimum bid price requirement. The split, effective February 18, 2026, consolidates shares to maintain listing status, with 96% shareholder approval indicating strong support. Investors likely interpreted the move as a proactive step to stabilize the stock’s valuation and avoid delisting, driving the after-hours rally. Other news events, including international noodle-related incidents and unrelated industry developments, were not directly linked to Noodles & Company’s stock performance.

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