UBXG Drops After 1-for-25 Split as Nasdaq Traders Watch the Stock
UBXG closed at $3.12, down 3.26%, in its first session after a 1-for-25 reverse stock split took effect Friday. The split reduced Class A shares to about 1.51 million and raised the par value to $0.04. Trading volume was about 33,990 shares. The stock has fallen 93.76% since January, adjusted for the split.