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C3is shares are trading lower after the company announced a 1-for-40 reverse stock split.
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C3is Inc. Announces Reverse Stock Split
C3IS INC. (Nasdaq: CISS), a ship-owning company providing dry bulk and crude oil seaborne transportation services, announced a 1-for-5 reverse stock split effective November 9, 2026. The reverse split will reduce outstanding shares from approximately 4.2 million to 0.84 million shares, aimed at increasing the stock's market price and maintaining compliance with Nasdaq's minimum bid price listing requirements.
C3is (CISS) Stock Soars Over 17% After Hours: What’s Driving the Surge?
C3is shares jumped 17.18% after hours following a new Aframax tanker charter, despite a steep decline during Wednesday’s regular session.
C3is Enters $175K/Day Voyage Charter Contract For Its Afrapearl II Aframax Tanker For 25 days; Company Estimates Its NAV/Share At $11.73
12 Industrials Stocks Moving In Wednesday's After-Market Session
Gainers ChargePoint Hldgs (NYSE:CHPT) stock rose 17.7% to $6.11 during Wednesday's after-market session. The company's market cap stands at $137.2 million. The company's, Q2 earnings came out today.
C3is shares are trading lower after the company reported Q2 financial results. The company attributed bunker costs for the rise of voyage and vessels’ operating expenses.