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Benzinga
Benzinga
Business
Henry Khederian

Why Bitcoin- And Ethereum-Related Stock SOS Limited Is Nosediving 20% Today

SOS Limited (NYSE:SOS) shares are trading lower by 20.58% to $0.24 after the company announced an ADS ratio change from 1 ADS representing 10 ordinary shares to 1 ADS representing 500 ordinary shares.

SOS Limited says the effect of the ratio change on the ADS trading price on the NYSE is expected to take place at the opening of trading on July 6, 2022.

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