Elevai Labs sinks after announcement of reverse stock split
ReutersMar 6, 2025 2:14 PM
Shares of drug developer Elevai Labs ELAB.O fall 26.8% to 90 cents premarket
ELAB says it will implement a 1-for-7 reverse stock split, effective March 10
Split will reduce the total number of shares from ~4 mln to around 577,000
ELAB stock crashed by 99.4% in 2024
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