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Why Guardion Health Sciences Stock Got Mashed on Monday

Why Guardion Health Sciences Stock Got Mashed on Monday

On Monday, Guardion Health Sciences (NASDAQ: GHSI) put into effect a reverse stock split. Since mid-2019, shortly after Guardion's debut on the stock exchange, its shares have consistently traded below the Nasdaq's effective $1 per share minimum. The 1-for-6 reverse stock split was the company's fix of choice.