Cosmos Health stock nearly triples after reverse stock split, then gives it all back in late trading
Cosmos Health Inc.’s stock price nearly tripled Friday as investors responded to the company’s reverse stock split, but those gains disappeared in after-hours trading. The Chicago-based company announced the 1-for-25 stock split late Thursday in an effort to regain compliance with the Nasdaq’s $1 minimum bid price requirement, and it went into effect at the…