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Fractyl Health shares are trading lower after the company announced a 1-for-12 reverse stock split, effective October 2.
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Why Fractyl Health Stock Is Sinking Friday
Fractyl Health (GUTS) stock sank 50% despite positive REMAIN-1 trial results as class action lawsuit concerns weigh on investors.
Dow Surges 250 Points; M&T Bank Posts Upbeat Q3 Earnings
U.S. stocks mixed: Dow +0.48%, Nasdaq -0.65%, S&P -0.05%. Energy rose, tech fell, and M&T Bank beat Q3 estimates; oil eased, gold gained.
Fractyl Health shares are trading lower despite meeting a key REMAIN-1 endpoint, with the second co-primary endpoint and 12-month results expected in 2027.