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Volcon announces a 1-for-45 reverse stock split and MaxLinear expects Q1 revenue decline, impacting share trading and shareholders.
Volcon announced a 1-for-45 reverse stock split, which includes dropping their shares from 11 cents to 11 cents after hours trading.
Shares during this time dropped by 20%.
MaxLinear, a provider of integrated circuits, is also expecting a decline in revenue for the first quarter which caused their shares to decrease by 12% to $18.35 in after-hours trading.
These changes will affect trading and have consequences for shareholders.
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Volcon anuncia una división inversa de acciones de 1 por 45 y MaxLinear espera una disminución de los ingresos del primer trimestre, lo que afectará la negociación de acciones y a los accionistas.