AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Aerovate Therapeutics Inc. (AVTE) Announces 1-for-35 Reverse Stock Split
Generated by AI AgentAinvest Movers Radar
Monday, Apr 28, 2025 6:26 pm ET1min read
Aerovate Therapeutics Inc. (AVTE) closed flat today, marking a stable trading session for the company's stock.
Aerovate Therapeutics Inc. has announced a 1-for-35 reverse stock split in connection with a proposed merger with
. This corporate action is expected to be completed between April 28 and May 2, 2025. The reverse stock split is a strategic move aimed at increasing the stock's price per share, which could potentially attract more investors and improve liquidity.Additionally,
Therapeutics, Inc. (AVTE) will be de-listed from the MIAX Options Exchange, MIAX Pearl Options Exchange, and MIAX Emerald Options Exchange. This de-listing is part of the company's broader restructuring efforts, which may include cost-cutting measures and a focus on core operations. The de-listing could impact trading activity and investor sentiment, as options trading provides additional avenues for market participation and speculation.
Ainvest Movers Radar
Knowing stock market today at a glance
Latest Articles
ALT.O Plunges 5.87%—Uncovering the Hidden Catalyst Behind the Selloff
Dec.16 2025
Babcock & Wilcox's Sudden 7% Drop: What's Behind the Unusual Intraday Move?
Dec.16 2025
Digital Turbine Surges Over 7%—What’s Behind the Intraday Pop?
Dec.16 2025
Digital Turbine (APPS.O) Sees Sharp 7.34% Gain—Unpacking the Drivers Behind the Intraday Surge
Dec.16 2025
Wheels Up (UP.N) Surges 5.6% – What's Behind the Intraday Surge?
Dec.16 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet