What Happened To ShiftPixy Stock Today?

ShiftPixy, Inc. PIXY shares surged on Monday. The company recently announced a delay of its reverse stock split effective date.
 

What To Know: Shares of ShiftPixy have trended higher over the past week after the company announced its reverse stock one-for-twenty-four split effective date, scheduled for Sept. 30.

Last Friday, the company announced that its reverse stock split will be postponed until Oct. 14. The company expects that its common stock will begin trading on a post-reverse split basis on the Nasdaq on Oct. 16.

Following Friday's news, shares popped approximately 150% on Monday.

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PIXY Price Action: Shares of PIXY closed up 88.2% at $1.53.

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