Starbox Group (NASDAQ:STBX) Shares Scheduled to Reverse Split on Tuesday, April 15th

Shares of Starbox Group Holdings Ltd. (NASDAQ:STBX) are set to reverse split on the morning of Tuesday, April 15th. The 1-14 reverse split was announced on Thursday, April 10th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 14th.

Starbox Group Stock Down 19.5 %

Shares of STBX traded down $0.03 during midday trading on Friday, reaching $0.13. 571,800 shares of the stock were exchanged, compared to its average volume of 306,246. Starbox Group has a twelve month low of $0.12 and a twelve month high of $41.28. The business’s 50-day moving average price is $1.09 and its 200 day moving average price is $10.40.

About Starbox Group

Starbox Group Holdings Ltd., through its subsidiaries, engages in the provision of cash rebate and digital advertising services to retail merchant advertisers through websites and mobile apps in Malaysia. It connects retail merchants with individual online and offline shoppers to facilitate transactions through cash rebate programs offered by retail merchants.