Forte Biosciences Soars 11.36% Post Reverse Split
Before the BellWednesday, May 28, 2025 8:34 am ET
1min readForte Biosciences, Inc. (FBRX) surged 11.36% in pre-market trading on May 28, 2025, marking a significant rise in its stock price.
Forte Biosciences, Inc. recently executed a 1-for-25 reverse stock split, which means shareholders now hold one share for every 25 shares they previously owned. This corporate action is aimed at increasing the stock's price per share, which can make it more attractive to certain investors and potentially reduce volatility.
The reverse split is a strategic move by the company to enhance its market position and potentially attract new investors. This action often signals confidence in the company's future prospects and can lead to increased investor interest, which may contribute to the stock's recent price surge.
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