Why Trio Petroleum (TPET) Stock Is Trading Lower
Why Trio Petroleum (TPET) Stock Is Trading Lower
Trio Petroleum Corp (NASDAQ:TPET) shares are trading lower by 19% to 10 cents Tuesday morning after the company announced a 1-for-20 reverse stock split, approved by its board and shareholders, to take effect on November 14.
三國石油公司（納斯達克股票代碼：TPET）週二上午股價下跌19％，至10美分，此前該公司宣佈了經董事會和股東批准的1比20的反向股票拆分，將於11月14日生效。
What To Know: This split will consolidate every 20 shares of common stock into 1 share, affecting all outstanding shares equally. Stockholders' ownership percentages will remain the same, though fractional shares will be rounded up.
須知：此次拆分將把每20股普通股合併爲1股，對所有已發行股票產生同等影響。股東的所有權百分比將保持不變，但部分股份將四捨五入。
Adjustments will also be made to Trio's equity awards. The stock will begin trading on a post-split basis on November 15, under the same symbol (TPET) with a new CUSIP number.
還將對Trio的股權獎勵進行調整。該股票將於11月15日開始在拆分後的基礎上交易，股票代碼相同（TPET），並使用新的CUSIP編號。
Read Also: US Stocks Set For Cautious Start As Investors Brace For Volatility On Election Day: Expert Points To 'Pretty Well Overall' Historical Performance
另請閱讀：投資者爲選舉日的波動做好準備，美國股市開局將謹慎行事：專家指出，歷史表現 「總體良好」
According to data from Benzinga Pro, TPET has a 52-week high of $0.72 and a 52-week low of $0.08.
根據Benzinga Pro的數據，TPET的52周高點爲0.72美元，52周低點爲0.08美元。
