Vision Marine Technologies' (VMAR) board approved a 1-for-10 reverse stock split, effective Wednesday, the company said Monday.
The reverse stock split will be implemented in a bid to raise the company stock's market price and meet Nasdaq's minimum bid price requirement for continued listing, according to a statement.
Vision Marine Technologies said it will retain its "VMAR" ticker post split.
Price: $0.65, Change: $-0.02, Percent Change: -2.83%
(Updates to add stock movement in the headline and the last paragraph)Regal Partners (ASX:RPL) logged AU$0.214 in normalized EPS for the first half, compared with AU$0.105 a year ago, a Monday filing showed.For the six months ended June 30, income from ordinary activities was AU$226.4 million versus AU$128.7 million previously, the Australia-listed alternative investment manager company added.The board declared an interim dividend of AU$0.12 per share, up from AU$0.06 a year earlier, payable Sept. 30 to shareholders on record as of Aug. 31.The company's shares fell around 7% in recent Monday trade.
Philip Morris International (PM) said Friday it has obtained authorization from the US Food and Drug Administration for the marketing of 11 ZYN ULTRA moist oral nicotine pouch products.The firm said the FDA issued Marketing Granted Orders to its US affiliate, Swedish Match USA. Additional 11mg variants are still under scientific review, it added.The authorizations add selection of ZYN ULTRA products to its portfolio of alternatives for adults who smoke or use traditional oral tobacco products, the company said.Price: $188.44, Change: $-3.08, Percent Change: -1.61%
Major digital assets jumped Friday, with Bitcoin (BTC-USD) topping $77,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 6.4% in the past 24 hours. The Nasdaq 100 and the S&P 500 each gained 0.5%, and the Dow Jones Industrial Average increased 0.8.%.Bitcoin gained 6.1% to $77,122, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 16% to $71.1 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, rose 3.6% to $2,414.XRP (XRP-USD) surged 11%, BNB (BNB-USD) increased 3.7%, and Solana (SOL-USD) added 4%. Dogecoin (DOGE-USD) rose 5.7%, while Cardano (ADA-USD) jumped 11%.The total market value of the cryptocurrency industry rose 5.1% in the past 24 hours to $2.59 trillion, with trading volume gaining 9.2% to $161.4 billion.Price: $77126.61, Change: $+4113.61, Percent Change: +5.63%