🟢 ALIT is trading 8% up today following corporate governance changes and a recent reverse split

ALIT is trading at $18.05 (8% up) following a late-June 1-for-20 reverse stock split and strategic corporate governance updates.

• The stock has gained momentum after the appointment of a new CFO and board actions specifically aimed at supporting a share price recovery.
• The recent 1-for-20 reverse split dramatically lifted the per-share price, drawing speculative interest despite some ongoing valuation concerns.
• Recent sessions have shown sharp gains as investors react to the company's efforts to restructure its leadership and improve corporate oversight.