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Why Tonix Pharmaceuticals Stock Is Crashing Again Today

Why Tonix Pharmaceuticals Stock Is Crashing Again Today

Shares of Tonix Pharmaceuticals Holding (NASDAQ: TNXP) were crashing 22.7% as of 10:54 a.m. ET on Tuesday. This stock split took effect today. Reverse stock splits aren't a sign that things are going well for a company.