🟢 RUBI is trading 2549% up today following its 1-for-25 reverse stock split

RUBI is trading 2549% up today at $6.33 after its 1-for-25 reverse stock split became effective at the opening of Nasdaq trading.

• The company implemented the split to increase its market price and help maintain compliance with Nasdaq’s continued listing requirements.
• The action converted every 25 existing common shares into one new share without changing the authorized share count or par value.