Microvision is trading at $0.26, down 6.5% today following the announcement of a 1-for-15 reverse stock split and broader weakness in the technology sector.
- The reverse stock split is scheduled to take effect on August 1, 2026, as the company navigates ongoing market challenges.
- Shares have faced consistent downward pressure since the July 22 announcement, driven by investor concerns over potential dilution.
- A general risk-off sentiment across the tech sector is further weighing on the stock's performance as investors pull back from higher-risk assets.