Why Femto Technologies Stock Is Moving Lower Monday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2024
0mins
Source: Benzinga
Reverse Stock Split Announcement: Femto Technologies Inc. (BCAN) is implementing a 1-for-17 reverse stock split effective August 26, 2024, to comply with Nasdaq's minimum bid price requirement.
Current Stock Performance: Following the announcement, BCAN shares have decreased by 4.32%, trading at $8.65 as of Monday morning.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
