Kaixin Stock Scheduled to Reverse Split on Friday, October 25th (NASDAQ:KXIN)

Kaixin Holdings (NASDAQ:KXINFree Report) shares are set to reverse split before the market opens on Friday, October 25th. The 1-60 reverse split was announced on Wednesday, October 23rd. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, October 24th.

Kaixin Stock Performance

Shares of KXIN traded down $0.04 during mid-day trading on Wednesday, reaching $0.11. The stock had a trading volume of 15,586,469 shares, compared to its average volume of 12,026,376. The business has a fifty day moving average of $0.13 and a 200 day moving average of $0.13. Kaixin has a 12 month low of $0.06 and a 12 month high of $3.55.

About Kaixin

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Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. The company is headquartered in Beijing, the People's Republic of China.

Further Reading

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