Why Is Jaguar Health (JAGX) Stock Down 40% Today?
JAGXJaguar Health(JAGX) investorplace.com·2024-05-20 21:37

Jaguar Health (NASDAQ:JAGX) stock is falling on Monday as the company prepares for a reverse stock split later this week.Jaguar Health is going to enact a one-for-60 reverse stock split on Thursday. That will see it consolidate 60 shares of JAGX stock into a single share. This will have the shares start trading on a split-adjusted basis when markets open that day.Jaguar Health notes that its shares will continue to trade on the Nasdaq Capital Market under the JAGX ticker post-split. However, the shares will ...