🔴 SRX Global is trading 11% down today on reverse-split dilution and resale registration concerns

SRX Global is trading 11% down at $1.93 as investors react to its recent 60-for-1 reverse stock split and associated dilution fears.

• Shares hit a new 52-week low as trading resumed following the consolidation, facing persistent pressure from resale registration and capital-structure concerns.
• The downward trend continues despite management's efforts to highlight the company's balance-sheet strength.