$YHC announced a 1-for-100 reverse stock split and immediately shed 21% of its value.
When a company has to group 100 of your shares together just to keep the stock price above a dollar, it isn't an corporate upgrade—it is a financial triage clinic.
Let's look at the historical data: setups that gap down 20% or more on reverse split announcements close red 56% of the time. There is no magical rebound. It is simply a slower elevator ride to the basement. Don't let a cheap share price trick you into thinking it's 'discounted' when the printing press is still running.