SRXH is trading at $2.20 (10.8% up) in after-hours trading, extending a sharp rebound following its recent 60-for-1 reverse split and a newly announced $0.05 one-time cash dividend.
- The stock has experienced significant volatility over the past week following the share consolidation, with investors now re-rating the name.
- Buying interest is being driven by the combination of a tighter share float and the appeal of the special dividend payout.
- The move marks a continued recovery as the market reacts to the company's updated capital structure and cash return initiative.