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Wang & Lee Group Plunges 34.12% on Reverse Split
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 29, 2025 6:01 am ET1min read
Aime SummaryOn July 29, 2025,
experienced a significant drop of 34.12% in pre-market trading, marking a substantial decline in its stock value.Wang & Lee Group's board of directors has approved a 250-to-1 reverse share split. This decision is aimed at increasing the stock's price per share, which could potentially make it more attractive to investors. The reverse split will reduce the number of outstanding shares, effectively consolidating the company's equity.
This move comes as the company seeks to stabilize its stock price and potentially attract new investors. The reverse share split is a strategic decision that could have a significant impact on the company's market perception and investor confidence.
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