--- title: "Why Is Tian Ruixiang Stock (TIRX) Up Today?" type: "News" locale: "en" url: "https://longbridge.com/en/news/276613384.md" description: "Tian Ruixiang (TIRX) stock surged 151.36% in pre-market trading due to investor anticipation of a one-for-50 reverse stock split, aimed at avoiding delisting. The company confirmed plans for the split pending shareholder approval but has not announced a date. Currently trading at about 11 cents, TIRX shares are at risk of delisting for not meeting the $1 minimum bid price. Heavy trading activity was noted, with over 338 million shares exchanged, significantly above the average volume." datetime: "2026-02-23T14:27:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276613384.md) - [en](https://longbridge.com/en/news/276613384.md) - [zh-HK](https://longbridge.com/zh-HK/news/276613384.md) generator: "portal-rs" --- # Why Is Tian Ruixiang Stock (TIRX) Up Today? Tian Ruixiang (TIRX) stock underwent a massive rally on Monday as investors anticipate a reverse stock split from the insurance broker. The company confirmed that it intends to enact a one-for-50 reverse stock split following approval from shareholders during its annual meeting. However, the company hasn't said when this reverse split will take place. ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Investors are excited about the prospect of the reverse stock split, as it will reduce the total number of outstanding TIRX shares. This will also boost the price of TIRX stock, which will help Tian Ruixiang avoid delisting. Currently, the shares trade for about 11 cents each, which puts the stock in danger of being delisted, as it doesn't meet the $1 minimum bid price requirement. Tian Ruixiang said that it will provide additional details on its share consolidation soon. It appears that investors have taken that news as a sign to invest in the stock before this reverse split goes into effect, prompting today's strong rally. ## **Tian Ruixiang Stock Movement Today** Tian Ruixiang stock was up 151.36% in pre-market trading on Monday, following a 14.73% rally on Friday. The shares have fallen 87.78% year-to-date and 99.43% over the past 12 months. With today's news came heavy trading of TIRX stock, as more than 338 million shares changed hands, compared to a three-month daily average trading volume of about 298,000 units. ### Related Stocks - [TIRX.US](https://longbridge.com/en/quote/TIRX.US.md) - [TIRXF.US](https://longbridge.com/en/quote/TIRXF.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**