Why KULR Technology Stock Is Plummeting Today
Source: Motley Fool
2025-06-16 15:23:25 ET
KULR Technology (NYSEMKT: KULR) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being up 0.9% at the same point in the day's trading.
KULR is seeing a big valuation pullback today following news that the company will carry out a reverse stock split . The new structure for the stock won't do anything to alter the fundamentals of the business, but investors are dumping shares ahead of the 8-for-1 reverse split that will take effect on June 23.
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KULR Technology Group Inc.
NASDAQ: KULR
KULR Trading
-9.2% G/L:
$4.7899 Last:
2,299,752 Volume:
$5.14 Open:
KULR Latest News
June 02, 2026 08:30:00 am
KULR Secures Prototype Battery Development Contract with U.S.-Based Military Drone Manufacturer
May 21, 2026 09:00:00 am
KULR Technology Group Advances Next-Generation Drone Battery Integration with Factorial Cells
May 21, 2026 09:00:00 am
Factorial Partners with Top Integrators Across Three Continents to Advance Next-Generation Battery Integration for Drone Systems
May 18, 2026 08:30:00 am
KULR Technology Selected by Argo Space Corp. as Battery Provider for Orbital Transport Space Mission
KULR Stock Data
$130,193,777
45,225,207
7.83%
22
N/A
Hardware & Equipment
Technology
US
Webster
