Nucana Stock Soars 48.57% Post Reverse Split

Mover TrackerThursday, May 15, 2025 8:26 am ET
1min read

On May 15, 2025, Nucana's stock surged by 48.57% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Nucana recently announced a 1-for-25 reverse stock split, which means shareholders will now hold one share for every 25 shares they previously owned. This move is often seen as a strategy to boost the stock price and attract more institutional investors, who may be deterred by very low share prices.

Despite the recent volatility, Nucana's stock has shown resilience, with analysts noting the company's strong fundamentals and potential for growth in the biopharmaceutical sector. The reverse split is expected to have a positive impact on the stock's liquidity and trading volume, further stabilizing its price.