ALIT is trading 6.2% up at $0.61 following a Buy rating reiteration from DA Davidson and news of a 1-for-20 reverse stock split.
- DA Davidson reaffirmed its Buy rating and $2.00 price target, noting that the 1-for-20 reverse split is helping boost investor sentiment.
- The move extends a double-digit rebound from recent lows, bolstered by strong Q1 2026 results despite broader market volatility.