Petros Pharmaceuticals Drops 0.33% Amid Reverse Split Concerns

Generated by AI AgentAinvest Movers Radar
Thursday, May 1, 2025 9:10 am ET1min read

On May 1, 2025,

experienced a 0.33% drop in pre-market trading, marking a significant decline in its stock value.

Petros Pharmaceuticals recently underwent a 1-for-25 reverse stock split, which led to the stock hitting an all-time low. This move was

with mixed reactions, as some retail investors saw it as a bullish signal, while others were concerned about the potential risks of delisting and the company's mounting losses.

The company's proprietary technology platform has been aligned with the April 15, 2025, executive order issued by President Trump, which aims to advance Rx-to-OTC reclassification reforms. This alignment could potentially impact the company's future performance and investor sentiment.

In the full year 2024 earnings report, Petros Pharmaceuticals reported a loss of $3.34 per share, which is an improvement from the $6.35 loss per share in the previous fiscal year. This financial performance is crucial for investors to assess the company's trajectory and potential for recovery.

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