Kaixin Holdings, trading on NASDAQ under the symbol KXIN, is a company involved in the automotive industry, primarily focusing on the sale of used cars in China. On March 13, 2026, KXIN underwent a reverse stock split at a ratio of 15 for 1. This means that every fifteen shares were consolidated into one, effectively increasing the share price while reducing the number of shares outstanding.
This change is part of a share consolidation strategy aimed at enhancing the company's stock market profile. Despite the consolidation, KXIN's class A ordinary shares continue to trade on The Nasdaq Capital Market under the same symbol, but with a new CUSIP number, G5223X175. Currently, KXIN's stock is priced at $5.07, reflecting a decrease of approximately 5.80%. The stock has experienced a decline of $0.31 today, with a trading range between a low of $5.07 and a high of $5.27.
Over the past year, KXIN has seen significant volatility, with a high of $832.5 and a low of $4.5. The company's market capitalization stands at $141,347, indicating the total market value of its outstanding shares. Today's trading volume for KXIN is 38,143 shares on the NASDAQ exchange. This volume reflects the number of shares traded during the day, providing insight into the stock's liquidity and investor interest.
