Wire
Paranovus Entertainment Technology Shares Fall After Announcing 1-for-100 Reverse Share Split
Paranovus Entertainment Technology (PAVS) shares fell 35% in afternoon trading on Thursday after the company said it plans a 1-for-100 reverse share split of its class A ordinary shares.The reverse share split will be effective on the market open on Monday and will reduce the number of shares to roughly 856,851 from 85.7 million, the company said.Price: $0.09, Change: $-0.05, Percent Change: -35.46%
$PAVS