Jiuzi Holdings (JZXN) Soars 7.62% to 52-Week High After Stock Consolidation

Jiuzi Holdings (JZXN) shares surged to their highest level since July 2021, with an intraday gain of 7.62%.

Jiuzi Holdings, Inc. recently underwent a 1 for 13 stock consolidation, which means shareholders now hold 1 share for every 13 shares previously held. This corporate action likely impacted the stock price by reducing the number of shares outstanding, potentially affecting the stock's market perception and price.

Jiuzi Holdings has been listed among the top stock gainers year-to-date, with a gain of 380.26%. This significant increase in stock value suggests strong investor interest and positive market sentiment.

Jiuzi Holdings, Inc. reached a 52-week high, with the stock price reaching $6.64, indicating strong recent performance in the market.