Magic Empire Global Plunges 10.73% Amid Stock Consolidation

On June 11, 2025, Magic Empire Global experienced a significant drop of 10.73% in pre-market trading, reflecting a notable shift in investor sentiment towards the company.

Magic Empire Global Limited recently underwent a 1 for 4 consolidation, which means shareholders now hold one share for every four shares they previously owned. This action is part of the company's strategic moves to adjust its stock structure and potentially enhance shareholder value.

Additionally, Magic Empire Global Limited Ordinary Shares underwent a CUSIP change, indicating a significant administrative update that could impact how the stock is tracked and traded. This change is part of the company's ongoing efforts to streamline its operations and ensure compliance with regulatory requirements.