Cheer Holding (CHR) Stock Jumps Over 9% After Hours: Here’s Why
April 3, 2026
Cheer Holding, Inc. (NASDAQ:CHR) shares surged 9.42% after hours to $0.87 on Thursday after announcing a 1-for-3 reverse stock split, effective Apr. 6, to maintain its Nasdaq listing.
Consolidation Details Investors Should Watch
The Beijing-based mobile internet infrastructure provider said the consolidation reduces outstanding Class A shares from approximately 4.69 million to 1.56 million.
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