Magic Empire Global Plunges 20.98% Amid Stock Consolidation

On June 11, 2025, Magic Empire Global 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, Magic Empire Global Limited 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.