Symbols

Quhuo Plunges 37.5% on ADS Ratio Change

Generated by AI AgentAinvest Pre-Market Radar

Thursday, Aug 21, 2025 7:04 am ET1min read

Aime Summary

- Quhuo's stock plunged 37.5% pre-market on August 21, 2025, following its announcement of a 1-for-90 reverse ADS split.

- The move aims to adjust shareholder equity while maintaining operational efficiency in local services.

- The change requires regulatory approval and may significantly impact the company's share structure.

On August 21, 2025, Quhuo's stock price plummeted by 37.5% in the pre-market session, marking a significant decline for the company's shares.

Quhuo has announced plans to implement a change in its American Depositary Shares (ADS) ratio, which is expected to take effect on August 25, 2025. This change, effectively a 1-for-90 reverse ADS split, aims to adjust the company's shareholder equity while maintaining operational effectiveness in its local services.

The company's decision to alter its ADS ratio reflects a strategic move to address shareholder concerns and potentially stabilize its stock performance. This change is subject to regulatory approval and is anticipated to impact the company's share structure significantly.

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