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Shineco Drops 9.59% After Reverse Split Announcement
Generated by AI AgentAinvest Pre-Market Radar
Thursday, Aug 21, 2025 4:46 am ET1min read
Aime SummaryShineco, Inc. (SISI) experienced a significant drop of 9.59% in pre-market trading on August 21, 2025.
Shineco recently announced a 1 for 50 reverse split, which means shareholders now hold 1 share of
for every 50 shares previously held. This corporate action is likely to have contributed to the recent volatility in the stock price.Shineco's stock has seen notable fluctuations due to its strategic partnerships and technological advancements. The company recently executed a "Cellular Asset On-Chaining and Marketing Ecosystem Cooperation Agreement" with Plus Me, a blockchain infrastructure provider. This agreement is part of Shineco's broader strategy to leverage blockchain technology in its cellular asset management.
Shineco has also unveiled the world's first on-chain cell asset tokenization platform, which is expected to revolutionize the way cellular assets are managed and traded. This innovative technology is likely to attract significant interest from investors and industry stakeholders, potentially driving future stock price movements.
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