BUZZ-Neoleukin Therapeutics down after announcing reverse stock split
Reuters
Sep 22, 2023
** Neoleukin Therapeutics' shares fall 1.3% to 69 cents premarket
** Co says it will initiate a reverse stock split of its common stock at a ratio of 1-for-5
** Stock split will be effective from Sept. 25
** Says stock split is part of NLTX's plan to regain compliance with Nasdaq's minimum bid price requirement
** Up to last close, shares up 37.3% YTD
(Reporting by Christy Santhosh)
((Christy.Santhosh@thomsonreuters.com))
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