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SeaStar Medical Plunges 12.99% Amid Reverse Split
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jul 2, 2025 5:03 am ET1min read
On July 2, 2025,
experienced a significant drop of 12.99% in pre-market trading, marking a notable decline in its stock performance.SeaStar Medical Holding Corporation 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 corporate action is aimed at increasing the stock's price per share, which could potentially attract more investors and stabilize the stock's value.
Additionally, a director of SeaStar Medical Holding Corporation purchased 40,000 shares of the company's stock. This insider buying activity often signals confidence in the company's future prospects and can positively influence investor sentiment, potentially mitigating the impact of the recent stock decline.
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