Why Cyngn (CYN) Stock Is Getting Hammered
Why Cyngn (CYN) Stock Is Getting Hammered
Cyngn Inc (NASDAQ:CYN) shares are trading lower by 29% to $0.05 during Tuesday's session after the company announced a 1-for-100 reverse stock split.
Cyngn Inc（納斯達克股票代碼：CYN）在週二的交易中股價下跌29％，至0.05美元，此前該公司宣佈以1比100的比例進行反向股票拆分。
This split will be effective at 5 p.m. ET on July 3, and trading on a post-split basis will begin on July 5. The primary goal is to increase the share price to meet Nasdaq's minimum bid price requirement.
此次拆分將於美國東部時間7月3日下午5點生效，拆分後的交易將於7月5日開始。主要目標是提高股價以滿足納斯達克的最低出價要求。
Post-split, every 100 shares will convert to 1 share, with no fractional shares issued—fractional shares will be rounded up. Equity awards and warrants will also be proportionately adjusted.
拆分後，每100股將轉換爲1股，不發行零碎股——小數股將四捨五入。股票獎勵和認股權證也將按比例進行調整。
Read Also: Tesla Deliveries Fall For Second Straight Quarter, But Stock Takes Off As Q2 Numbers Exceed Expectations
另請閱讀：特斯拉交付量連續第二季度下降，但由於第二季度數據超出預期，股價上漲
Should I Sell My CYN Stock?
我應該賣出我的 CYN 股票嗎？
Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.
是賣出還是持有股票在很大程度上取決於投資者的策略和風險承受能力。波段交易者可能會出售表現跑贏大盤的股票以鎖定資本收益，而長期投資者可能會在股價進一步增長的預期下渡過難關。
Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.
同樣，願意最大限度地減少損失的交易者可能會賣出下跌一定百分比的股票，而長期投資者則可能將其視爲以折扣價購買更多股票的機會。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Cyngn stock currently has an RSI of 41.71, indicating neutral conditions.
投資者也可以考慮市場動態。相對強弱指數可用於表明股票是超買還是超賣。Cyngn股票目前的相對強弱指數爲41.71，表明情況中立。
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如需分析工具、圖表數據和獲取獨家股票新聞，請查看 Benzinga PRO。免費試用。
CYN has a 52-week high of $1.21 and a 52-week low of $0.05.
CYN的52周高點爲1.21美元，52周低點爲0.05美元。