Microvision is trading 5% down at $0.38 in pre-market sessions as investors react to an upcoming shareholder vote regarding a proposed reverse stock split.
- The July 10, 2026, annual meeting will decide on a 1-for-5 to 1-for-15 reverse split aimed at regaining Nasdaq compliance.
- Proxy advisor Glass Lewis has recommended that shareholders vote in favor of the proposal, though the measure continues to act as a catalyst for recent trading weakness.