12:41 PM EDT, 08/09/2024 (MT Newswires) -- WaveDancer ( WAVD ) shares fell 36% in recent trading on Friday after the company announced plans to implement a 1-for-3 reverse stock split.

The reverse stock split will become effective at 12:01 pm New York Time on Monday and the stock will begin trading on a split-adjusted basis on Tuesday, the company said.

WaveDancer ( WAVD ) also said it will change its name to Firefly Neuroscience and will being trading under the stock symbol "AIFF" on Tuesday.

Price: 1.30, Change: -0.78, Percent Change: -37.44