Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Nexxen International ( (NEXN) ) just unveiled an announcement.
On February 18, 2025, Nexxen International Ltd. completed its stock exchange and trading structure changes, consolidating its shares into a sole U.S. Ordinary Share listing on Nasdaq. This transition included a reverse share split and the termination of its ADR facility, as well as the cancellation of its AIM-listed Depository Interests. The company’s $50 million share repurchase program will continue on Nasdaq. These changes aim to attract U.S. investors, increase trading volume, and improve Nexxen’s industry positioning, potentially benefiting shareholders by enhancing the company’s presence and recognition within the U.S. market.
More about Nexxen International
Nexxen International Ltd. is a global advertising technology company with expertise in data and advanced TV. It offers a flexible technology stack comprising a demand-side platform and a supply-side platform, with a focus on enabling advertisers, agencies, publishers, and broadcasters to effectively utilize data and streaming capabilities. Headquartered in Israel, Nexxen operates worldwide with offices in the United States, Canada, Europe, and Asia-Pacific, and its shares are traded on Nasdaq.
YTD Price Performance: 3.94%
Average Trading Volume: 172,417
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.3B
For an in-depth examination of NEXN stock, go to TipRanks’ Stock Analysis page.
