AVCT Stock Dropped 27% In Pre-Market Session: Why?

After stock split news emerged on Friday, shares of American Virtual Cloud Technologies Inc. hit $0.2170, down -27.25%. The stock added 6.80% to reach $0.30 at the end of the last trading session. How has AVCT decided to split its stock? In today’s press release, American Virtual (AVCT) announced that it will reverse stock split […]