Greenlane Holdings Soars 14.29% Post Reverse Split

On June 11, 2025, Greenlane Holdings experienced a significant surge, rising 14.29% in pre-market trading.

Greenlane Holdings, Inc. recently executed a 1 for 11 reverse stock split, which means shareholders now hold one share for every eleven shares they previously owned. This corporate action is aimed at increasing the stock price and potentially attracting more investors by making the shares more accessible and valuable.

This move by Greenlane Holdings is part of a broader strategy to enhance shareholder value and improve market perception. The reverse split is often used by companies to meet listing requirements or to make the stock more appealing to a wider range of investors. By consolidating shares, the company aims to create a more stable and attractive investment opportunity, which could lead to increased liquidity and investor confidence.