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AREB shares plunge 40% after announcing reverse stock split
short by / on Thursday, 19 March, 2026
American Rebel shares plummeted over 40% after announcing a 1-for-100 reverse stock split to maintain Nasdaq compliance. The move targets the $1 minimum bid price requirement and aims to improve trading eligibility. This split reduces outstanding shares from approximately 24.8 million to roughly 247,988, trading ex-split on March 23, 2026.
read more at Stocktwits