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INBS stock slides after announcing 1-for-10 reverse split
short by / on Friday, 12 December, 2025
Intelligent Bio Solutions (INBS) fell 17% after announcing a 1-for-10 reverse stock split to regain Nasdaq listing compliance. The stock will trade on a split-adjusted basis starting December 16, reducing outstanding shares to about 959,533. The move consolidates every 10 shares into one, with fractional shares settled in cash.
read more at Stocktwits