Affimed Stock Plummets on Reverse Stock Split Implementation
Wednesday, 6 March 2024, 11:47
Affimed Stock Plummets After Implementing 1-for-10 Reverse Split
Affimed Inc. has recently made headlines in the financial world after its decision to execute a 1-for-10 reverse stock split. This strategic maneuver has resulted in a dramatic drop in the company's stock price, causing concern among investors and analysts alike. The reverse split has raised questions about Affimed's overall financial health and future prospects, further impacting market sentiment.
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