VCNX - Why Vaccinex (VCNX) Stock Is Trading Lower | Benzinga
Vaccinex Inc (NASDAQ:VCNX) shares are trading lower by 7.1% to $0.79 Thursday morning after the company announced a 1-for-14 reverse stock split effective February 19.
This action was approved by stockholders on February 8, to meet Nasdaq Capital Market’s $1.00 minimum bid price requirement. The company has until March 4 to comply, with the closing bid price needing to be at least $1.00 per share for 10 consecutive business days.
As a ...
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