07:41 AM EST, 12/24/2024 (MT Newswires) -- Allurion Technologies ( ALUR ) said Tuesday its board has approved a one-for-twenty-five reverse stock split of its common stock, effective Jan. 3.

Allurion ( ALUR ) said the stock will begin trading on a split-adjusted basis on the New York Stock Exchange when markets open that day.

The company's shares fell 8% in recent premarket activity.