Splash Beverage surges 12.18% on reverse stock split

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 22, 2025 6:05 am ET1min read

On April 22, 2025,

surged by 12.18% in pre-market trading, reflecting a strong bullish sentiment among investors.

Splash Beverage Group, Inc. (SBEV) recently executed a 1-for-40 reverse stock split, which means shareholders now hold one share for every 40 shares they previously owned. This corporate action is aimed at increasing the stock's price per share, potentially making it more attractive to institutional investors and improving liquidity.

In the latest trading session,

closed with a significant gain of 59.09%, indicating robust market confidence in the company's prospects. This positive momentum has carried over into the after-hours trading session, further boosting investor optimism.

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