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Benzinga
Benzinga
Business
Henry Khederian

Here's Why Surgalign Holdings Shares Are Falling Today

Surgalign Holdings Nasdaq SRGA

Surgalign Holdings Inc (NASDAQ:SRGA) shares are trading lower by 19.73% at $0.15 after the company announced a 1-for-30 reverse stock split.

The 1-for-30 reverse stock split will take effect at the opening of trading on the Nasdaq Global Select Market on Tuesday.

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