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

Robo.ai Inc. (NASDAQ:AIIO – Free Report) shares are scheduled to reverse split on the morning of 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 closing bell on Friday, November 6th.

Robo.ai Stock Performance

Shares of AIIO stock opened at $0.71 on Thursday. Robo.ai has a fifty-two week low of $0.54 and a fifty-two week high of $20.60. The stock’s 50-day simple moving average is $1.51 and its 200-day simple moving average is $2.57.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. 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. Wall Street Zen raised shares of Robo.ai from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. One analyst has rated the stock with a Sell rating. According to MarketBeat, Robo.ai has an average rating of “Sell”.

Read Our Latest Analysis on Robo.ai

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