Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Why ShiftPixy Shares Are Getting Obliterated Wednesday

Published 31/08/2022, 18:54
© Reuters.  Why ShiftPixy Shares Are Getting Obliterated Wednesday
PIXY
-

ShiftPixy Inc (NASDAQ: PIXY) shares are trading lower by 23.72% to $0.15 Wednesday afternoon after the company announced a 1-for-100 reverse stock split.

ShiftPixy says the new reversed shares will begin trading on Nasdaq on September 1st, the start of the company's new fiscal year.

See Also: Why Pinterest (NYSE:PINS) Shares Are On The Move Today

ShiftPixy is a disruptive human capital services enterprise, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management.

According to data from Benzinga Pro, ShiftPixy has a 52-week high of $2.03 and a 52-week low of $0.12.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.