🟢 ALIT is trading 2096% up today after 1-for-20 reverse stock split

ALIT is trading 2096% up today at $12.30 following the implementation of a 1-for-20 reverse stock split.

• The stock began trading on a split-adjusted basis on the NYSE on July 1, 2026, following the effective date of June 30, 2026.
• The price surge is a mechanical result of the split, which increases the per-share value while proportionally reducing the total number of shares outstanding.
• This movement reflects a structural adjustment to the equity rather than a change in the company's fundamental valuation or business performance.