KULR Technology Soars 14.93% on Reverse Stock Split Announcement

On June 18, 2025, KULR Technology's stock surged by 14.93% in pre-market trading, marking a significant uptick in investor interest.

KULR Technology recently announced a reverse stock split, which has been a key factor in the recent volatility of its stock price. The company plans to implement an 8-for-1 reverse stock split, a move that is often seen as a way to boost the stock price by reducing the number of outstanding shares. This announcement came after the market closed last Friday, and it has since sparked a range of reactions from investors.

In the days leading up to the pre-market surge, KULR Technology's stock price had been on a downward trend, falling for four consecutive days. This decline was attributed to various factors, including market sentiment and broader economic conditions. However, the recent pre-market rally suggests that investors may be re-evaluating the company's prospects in light of the reverse stock split and other potential catalysts.

Despite the recent volatility, KULR Technology continues to be a subject of interest for investors and analysts alike. The company's strategic moves, such as the reverse stock split, are seen as efforts to stabilize and potentially boost its stock price. As the market continues to evolve, it will be important to monitor how these developments impact KULR Technology's performance in the coming weeks and months.