WOK is trading at $2.33 (down 5.3%) amid ongoing volatility following its recent 1-for-100 reverse stock split and heavy repositioning by major holder HRT Financial.
- The stock has experienced sharp swings since the split, driven by recent large HRT buy/sell filings and speculative trading activity.
- Regulatory concerns and negative sentiment continue to weigh on the share price, fueling short-term downside momentum.