Oriental Rise Holdings (ORIS) Stock Surges Nearly 19% After Hours: What's Going On?
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Oriental Rise Holdings (NASDAQ:ORIS) shares surged 18.84% after hours to $0.49 following a board-approved 1-for-4 reverse stock split. Shareholders had authorized the consolidation of shares at a ratio between 1-for-2 and 1-for-100. The effective market date is yet to be announced. Despite the surge, ORIS has dropped 97.62% over the past year and closed the regular session down 23.63% at $0.41.
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