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Why Did Bolt Projects Holdings Inc. (BSLK) Plunge 11.24% After Stock Split?
Generated by AI AgentAinvest Pre-Market Radar
Monday, Jun 2, 2025 5:19 am ET1min read
Bolt Projects Holdings, Inc. (BSLK) experienced a significant drop of 11.24% in pre-market trading on June 2, 2025.
Bolt Projects Holdings, Inc. recently announced a stock split, which took effect on April 22, 2025. The split ratio was 20.00 to 1.00, indicating a substantial increase in the number of shares outstanding. This move is often seen as a way to make shares more affordable to a broader range of investors, potentially increasing liquidity and accessibility.
Additionally, the company has been noted for its significant price movements in recent months. On May 31, 2025,
Holdings Inc. saw a notable increase of 86.74%, reflecting a period of volatility and potential investor interest. This volatility could be attributed to various factors, including market sentiment, company-specific news, or broader economic trends.
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