🔴 SRXH is trading 6% down today as reverse stock split pressure and listing compliance concerns weigh on shares

SRXH is trading 6% down at $1.27 in after-hours trading, extending a steep two-day slide following its recent corporate restructuring.

• The company implemented a 1-for-60 reverse stock split effective July 6, a move that has triggered significant selling pressure from investors.
• Shares remain under pressure due to ongoing concerns regarding the company’s listing status and the volatility inherent in its low-float structure.
• The downward move continues the momentum from the July 7 session, with no new company-specific news released after the bell to explain the extended decline.