🔴 NextNRG is trading 10.04% down today after announcing a 1-for-10 reverse stock split

NextNRG is trading 10.04% down at $0.17 after announcing a 1-for-10 reverse stock split effective September 14, 2026.

• Outstanding shares will fall from approximately 168.4 million to 16.8 million; Nasdaq listing under the same ticker remains.
• The split appears tied to the September 14 minimum-bid-price compliance deadline, intensifying concerns about continued listing and investor dilution.
• Broader markets are weaker: Nasdaq down 0.88%; inflation concerns pressure risk-sensitive assets, while the reverse split is the clearest company-specific catalyst.