Robo.ai Shares to Reverse Split on Friday, November 6th (NASDAQ:AIIO)

Robo.ai Inc. (NASDAQ:AIIO – Free Report)’s stock is going to reverse split before the market opens on Friday, November 6th. The 1-25 reverse split was announced on Friday, October 16th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, November 6th.

Robo.ai Price Performance

Shares of AIIO opened at $0.61 on Monday. Robo.ai has a 12 month low of $0.54 and a 12 month high of $20.60. The stock’s 50 day moving average is $1.42 and its two-hundred day moving average is $2.52.

Analysts Set New Price Targets

AIIO has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Robo.ai from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Weiss Ratings upgraded shares of Robo.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, October 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Robo.ai presently has an average rating of “Sell”.

View Our Latest Stock Analysis on AIIO

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