$BMEA afterhours Oct 13, 2026

$KNDI -8.07% — what the base rate says

The Boss FILTRIX Market Desk

Kandi Technologies announced a 1-for-10 reverse stock split at 4:05 PM ET. $KNDI is -8.07% after hours.

Do the division. A float of about 70M shares becomes about 7M. A company the profile values near $66M is the same company the morning after the split; each share just carries ten times the weight. A split adds no customer and removes no liability.

So the -8% is not the split itself. It is the market's guess at what the split is for, and the release title does not say why.

#AGMH sits at the other end of the same rulebook tonight, +10.78% on a Nasdaq letter confirming it complies with the listing rules. One company reports that it passed. The other changes its share count and leaves the reason out of the headline.

The ratio is the only number in the title. The reason is not in it.

What the data showed

$BMEA -25.79% Biomea Fusion, Inc. mcap $99M · float 63M shares · sector: PHARMACEUTICAL PREPARATIONS
$JBDI -18.95% JBDI Holdings Limited mcap $11M · float 5M shares
$BDAI -12.23% Biddance AI Systems, Inc.
$YJ -10.15% Yunji Inc. mcap $9M · float 1M shares
$IZM -9.52% ICZOOM Group Inc. mcap $4M · float 8M shares
$KNDI -8.07% Kandi Technologies Group, Inc. mcap $66M · float 70M shares
$ZBAO -5.82% Zhibao Technology Inc. mcap $26M · float 453M shares
$WBUY -5.80% Webuy Global Ltd mcap $7M · float 5M shares
$SXTC -5.69% China SXT Pharmaceuticals, Inc. mcap $7M · float 1M shares
$HUBC -5.35% HUB Cyber Security Ltd. mcap $250,000 · float 201,999 shares

Five prior KNDI gap-down days is an anecdote, not a sample. Before you treat the split as a setup, check on FILTRIX.net whether tomorrow's open even clears a gap-down threshold worth studying.

Find Your Edge on FILTRIX →