Robin Energy Approves 1-for-15 Reverse Stock Split
Robin Energy (NASDAQ:RBNE) has approved a 1-for-15 reverse stock split, effective July 8, 2026. The move will reduce the number of outstanding shares from approximately 8.7 million to around 0.6 million and is expected to impact investor sentiment as RBNE's premarket share price fell by 3.5%.
Tickers: $RBNE
Topics: market reaction stock structure