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flag Farmmi Inc. plans a 1-for-12 reverse stock split on March 17th to increase its stock price.

flag Farmmi Inc., a company specializing in the processing and sale of agricultural products like mushrooms, plans to execute a 1-for-12 reverse stock split on March 17th. flag This move aims to boost the company's stock price. flag On the announcement day, the stock traded at $0.16, with a 50-day moving average of $0.27 and a 200-day average of $0.28. flag Institutional investor Citadel Advisors LLC owns 0.95% of Farmmi's stock. flag The company sells its products in several countries including the US and China.

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