Forge Global Shares Surge Following Reverse Stock Split Implementation

Comments
Loading...
Zinger Key Points

Shares of Forge Global Holdings, Inc. FRGE are trading higher Monday after the implementation of a 1-for-15 reverse stock split.

What To Know: The reverse split, which took effect on April 14 2025, was approved by shareholders at a special meeting held on March 27 and authorized by the company's board of directors on March 28.

The reverse stock split reduced the number of Forge's outstanding common shares, consolidating every fifteen existing shares into one. Trading on a split-adjusted basis began on April 15.

FRGE Price Action: Forge Global Holdings shares were up 23.3% at $11.88 at the time of writing, according to Benzinga Pro.

Read Next:

Image Via Shutterstock.

FRGE Logo
FRGEForge Global Holdings Inc
$11.9023.6%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
6.97
Growth
15.14
Quality
-
Value
72.26
Price Trend
Short
Medium
Long
Got Questions? Ask
Which companies might follow Forge's lead?
How will investor confidence shift post-split?
What sectors may see increased investment after the split?
Are there short-selling opportunities with FRGE's rise?
Which market analysts support FRGE's growth?
Could Forge Global attract institutional investors now?
How does this impact technology stocks overall?
Will the reverse split influence trading volumes significantly?
What implications does this have for other reverse splits in the market?
How could this affect shareholder sentiment long-term?
Market News and Data brought to you by Benzinga APIs

Posted In: