Why iSpecimen Stock Whipsawed After Its 1-for-40 Reverse Split

iSpecimen Inc. shares slid to $4.80 by 14:01 Friday, down 8.2% for the day, according to Investing.com. Earlier in the session, the price swung from $4.795 to $6.77. Thursday saw a 22.5% jump, capping off a turbulent week since the company’s 1-for-40 reverse split kicked in.

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