Urban-Gro shares surge 17.55% intraday after announcing 1-for-25 reverse stock split effective Feb. 9, 2026.

viernes, 6 de febrero de 2026, 2:43 pm ET1 min de lectura
UGRO--
Urban-gro, Inc. (UGRO) surged 17.55% during intraday trading following the announcement of a 1-for-25 reverse stock split effective February 9, 2026. The move, disclosed in a recent news release, aims to address prior Nasdaq non-compliance notifications and stabilize the company’s stock price. The reverse split typically increases per-share value while reducing the number of outstanding shares, signaling management’s effort to meet listing requirements and restore investor confidence. The sharp intraday rally suggests positive market reception to the restructuring plan as a step toward resolving delisting risks and operational challenges.

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