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HUBC stock drops 35% on 1-for-50 reverse split plan
short by / on Thursday, 16 April, 2026
Hub Cyber Security (HUBC) stock declined 35% after announcing a 1-for-50 reverse stock split effective April 20. The company is reducing outstanding shares to 1.28 million to satisfy Nasdaq's $1 bid requirement. This reverse split is the second in just over a year, as HUBC continues efforts to maintain compliance and its stock exchange listing amid challenges.
read more at Stocktwits