What's Going On With Aptevo Therapeutics Stock Today?
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Aptevo Therapeutics Inc. announced a one-for-eighteen reverse stock split, causing shares to trade lower. The split will convert 18 shares into one on December 29. The stock hit an all-time low, trading at around 51 cents, down 44.08%. Aptevo reported quarterly losses of $2.23 per share, missing estimates, with net losses increasing from $5.1 million to $7.5 million year-over-year.
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