Kaixin Holdings, trading on NASDAQ under the symbol KXIN, is a company involved in the automotive industry, primarily focusing on the sale of used cars in China. On March 13, 2026, KXIN underwent a reverse stock split at a ratio of 15 for 1. This means that every fifteen shares were consolidated into one, effectively increasing the share price while reducing the number of shares outstanding. This change is part of a share consolidation strategy aimed at enhancing the company's stock market profile. Despite ...