American Rebel stock soars most after-hours, eyes wiping out YTD slump

American Rebel Holdings announced a 1-for-20 reverse stock split effective Feb. 2, leading to a 45% surge in after-hours trading. The company, known for patriotic lifestyle products, has struggled with declining revenues and legal issues, resulting in a nearly 37% drop in stock value this year. The reverse split will reduce outstanding shares from 8.7 million to approximately 435,359 thousand. Retail sentiment has shifted to bullish, with a significant increase in message volume on Stocktwits, indicating renewed investor interest.