Rallybio (RLYB) Implements 1-for-8 Reverse Split for Nasdaq Compliance; Shares Drop
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Rallybio (RLYB) announced it will implement a 1-for-8 reverse stock split to regain compliance with the NASDAQ's minimum share price requirement, effective February 15, 2026. The split is expected to increase the stock price per share, potentially restoring the company's listing eligibility. The company's shares closed at $1.28 on February 4, 2026, down 11.7% in after-hours trading following the announcement.
EditorJack Lee