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Magic Empire Global Plunges 20.98% Amid Stock Consolidation
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jun 11, 2025 8:16 am ET1min read
On June 11, 2025,
experienced a significant drop of 20.98% in pre-market trading, marking a notable decline in its stock performance.Magic Empire Global Limited recently underwent a 1 for 4 stock consolidation, which means shareholders now hold one share for every four previously held. This corporate action is likely to have influenced the stock's recent volatility.
Additionally,
Ordinary Shares underwent a CUSIP change, which could also contribute to the stock's price fluctuations. These changes in corporate structure often lead to market adjustments as investors reassess the company's value and future prospects.
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