WeTrade falls on 1-for-185 reverse stock split

Next Technology Holding

08/06/2023 19:19

** Shares of China-based IT services firm WeTrade Group Inc
 WETG.O  down 14% at $0.0378 
    ** Co announces reverse stock split at a ratio of 1-for-185
    ** Adds that common stock will begin trading on
split-adjusted basis upon market opening on June 9
    ** Including session losses, stock down about 89% this year

 (Reporting by Amna Karimi in Bengaluru)
 ((Amna.Karimi@thomsonreuters.com; +91 8083261226;))