<div id="readability-page-1">Cheer Holding, Inc. ( CHR ) shares surged 9.42% after hours to $0.87 on Thursday after announcing a 1-for-3 reverse stock split, effective Apr. 6, to maintain its Nasdaq listing. <h2>Consolidation Details Investors Should Watch</h2> The Beijing-based mobile internet infrastructure provider said the consolidation reduces outstanding Class A shares from approximately 4.69 million to 1.56 million. Post-consolidation shares begin trading under the unchanged ticker “CHR” on Apr. 7, with par value adjusting from $0.05 to $0.15 per Class A ordinary share, reflecting the 1-for-3 consolidation ratio. According to the company, outstanding warrants and other equity rights will be proportionately adjusted, with fractional shares rounded up to the next whole number. Cheer Holding ( CHR ) stated that shareholders holding shares in street name through brokers, banks, or other holders of record will have their shares automatically adjusted. <h2>Trading Metrics, Technical Analysis</h2> With a market capitalization of $3.73 million, Cheer Holding ( CHR ) has a 52-week high of $104.50 and a 52-week low of $0.73. The Relative Strength Index (RSI) of CHR stands at 28.72. While the after-hours surge reflects short-term relief over Nasdaq compliance, investors should note that reverse splits historically signal underlying share price weakness. Stocks executing such consolidations have often trended lower post-effective date. Over the past 12 months, the small-cap company has dropped 98.82%. Price Action: According to Benzinga Pro data, CHR closed the regular session at $0.80, down 7.56%. Currently the stock is positioned near its annual low. Benzinga’s Edge Stock Rankings show that CHR is exhibiting a negative price trend across all time frames. &lt;figure class=&#34;wp-block-image aligncenter size-full is-resized&#34;&gt;<img width="429" height="270" src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/03033550/image-64.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/04/03033550/image-64.png"/>&lt;/figure&gt; Photo Courtesy: Arsenii Palivoda on Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</div>

Cheer Holding, Inc. (CHR) 的股票在盘后上涨了 9.42%，达到 0.87 美元，此次上涨是在 4 月 6 日实施的 1 股换 3 股的反向股票拆分后进行的，目的是为了维持其纳斯达克上市资格。此次合并将流通中的 A 类股票从 469 万股减少到 156 万股，交易将在 4 月 7 日以不变的股票代码 "CHR" 开始。尽管盘后股价大幅上涨，但反向拆分通常表明基础股价疲软，而 CHR 在过去一年中已下跌 98.82%。该股票收盘价为 0.80 美元，下跌 7.56%，接近其年度低点

Cheer Holding (CHR) 股票在盘后上涨超过 9%：原因如下