04:20 PM EDT, 03/22/2024 (MT Newswires) -- Castor Maritime ( CTRM ) said Friday its board approved a 1-for-10 reverse stock split of company shares to comply with Nasdaq's minimum bid price requirement.
Castor will start trading on a split-adjusted basis on Wednesday.
The company's shares fell 3.1% in recent after-hours activity.
Price: 0.39, Change: -0.01, Percent Change: -3.13