Why Did GDHG Soar 12.14% After Reverse Split?
Before the BellWednesday, Jun 4, 2025 9:24 am ET
1min readGolden Heaven Group Holdings Ltd. (GDHG) has seen a significant rise of 12.14% in pre-market trading on June 4, 2025, indicating a strong bullish sentiment among investors.
Golden Heaven Group Holdings Ltd. (GDHG) has recently experienced a 1 for 50 reverse split, which means shareholders now hold 1 share for every 50 shares they previously owned. This action is typically taken to increase the stock's price per share, making it more attractive to investors.
Despite the recent reverse split,
Holdings Ltd. (GDHG) has seen its stock price decrease by 99.47% over the past 52 weeks, indicating a period of significant volatility and decline. The company's beta of -12.25 suggests that its price movements have been less volatile than the broader market.Investors have expressed concerns about market manipulation, with some speculating that the stock price has been artificially depressed. This has led to calls for a strong rebound, as the stock has reached an all-time low of $1.40.
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