ReTo Eco-Solutions Inc (RETO)

Overview News Price History Why RETO Down? Discussions Forecast Stock Split

Why is ReTo Eco-Solutions Inc (RETO) Stock down?

We've noticed a 7.37% decline in ReTo Eco-Solutions Inc (RETO) stock during the 2024-04-19 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

04 Aug, 2023:

ReTo Eco-Solutions Inc Stock (RETO) dropped by 9.71% from $3.09 to $2.79 in the trading on Friday August 04, 2023. The reason why RETO stock down today is due to the announcement of registered direct offering and trading resumption. The company has just disclosed a registered direct offering of 2 million shares of common stock, totaling $6.6 million. Investors has reacted negatively to the news, leading to a sell-off which caused RETO stock down today.

19 May, 2023:

ReTo Eco-Solutions Inc Stock (RETO) dropped by 9.28% from $2.37 to $2.15 in the trading on Friday May 19, 2023. The reason why RETO stock down today is due to the announcement of registered direct offering. ReTo Eco-Solutions has entered into a securities purchase agreement for the sale of 2,000,000 common shares at a purchase price of $3.30 per share, or an aggregate purchase price of $6.6 million. The shares will be sold in a registered direct offering.