C3is Inc. Stock Surges After Reverse Split Implementation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 02 2025
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Should l Buy CISS?
Source: Globenewswire
C3is Inc. stock soared 106.01% in pre-market trading, reaching a 5-day high, following the execution of a 1-for-20 reverse stock split.
The reverse split reduced outstanding shares from approximately 24.7 million to 1.23 million, aimed at enhancing per-share value and attracting investor interest. Despite a 9.71% drop during regular trading, the after-hours surge indicates a positive initial market reaction to the split.
This strategic move may help restore investor confidence after a significant decline in stock price over the past year, positioning C3is Inc. for potential recovery.
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Analyst Views on CISS
About CISS
C3is Inc. is a Greece-based entity, incorporated in Marshall Islands, primarily engaged in seaborne transportation services to drybulk charterer for both national and private clients. The Company acts as a holding company and operates through its two subsidiaries. The Company's fleet consists of two handysize drybulk carriers: Eco Bushfire and Eco Angelbay.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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