Why Cyngn (CYN) Stock Is Getting Hammered
Why Cyngn (CYN) Stock Is Getting Hammered
Cyngn Inc (NASDAQ:CYN) shares are trading lower by 29% to $0.05 during Tuesday's session after the company announced a 1-for-100 reverse stock split.
Cyngn Inc（納斯達克股票代碼：CYN）股價下跌29%，交易價值0.05美元，在週二的交易中，該公司宣佈進行1比100的逆向股票拆分。
This split will be effective at 5 p.m. ET on July 3, and trading on a post-split basis will begin on July 5. The primary goal is to increase the share price to meet Nasdaq's minimum bid price requirement.
該拆分計劃將於7月3日美國東部時間下午5點生效，並於7月5日開始在拆分後的基礎上交易。主要目標是增加股價以符合納斯達克的最低買盤要求。
Post-split, every 100 shares will convert to 1 share, with no fractional shares issued—fractional shares will be rounded up. Equity awards and warrants will also be proportionately adjusted.
拆分後，每100股將轉換爲1股，沒有碎股發行-碎股將四捨五入。股權獎勵和認股權證也將按比例調整。
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Should I Sell My CYN Stock?
我應該賣掉我的CYN股票嗎？
Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.
是否賣出或持有某隻股票在很大程度上取決於投資者的策略和風險承受能力。波段交易者可以賣出表現良好的股票以鎖定資本收益，而長期投資者可能會在預期進一步股價增長的情況下忍受波動。
Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.
同樣，願意將損失最小化的交易者可能會出售下跌一定百分比的股票，而長期投資者則可能會將其視爲以折扣價買入更多股票的機會。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Cyngn stock currently has an RSI of 41.71, indicating neutral conditions.
投資者還可以考慮市場動態。相對強弱指標可用於指示股票是否超買或超賣。Cyngn股票目前的RSI爲41.71，表明中立條件。
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CYN has a 52-week high of $1.21 and a 52-week low of $0.05.
CYN的52周最高價爲1.21美元，52周最低價爲0.05美元。
譯文內容由第三人軟體翻譯。