Forward Industries stock tumbles after filing resale prospectus supplement By Investing.com
Update: 2025-11-04
Description
Forward Industries' stock plummets by 20% following a resale prospectus filing, allowing earlier investors to sell their shares. The company also announces a $1 billion share buyback plan, aiming to boost investor confidence. However, the market remains divided, with some fearing the resale could drag down the stock price, while others see the buyback as a sign of confidence. The company's future remains uncertain as investors await further developments.
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