India, July 6 -- Shares of Nuvve Holding Corp. (NVVE) are dropping about 24 percent in Monday morning trading, likely due to the company's announcement last week to effect a 1-for-18 reverse stock split of its common stock, effective July 6.
Shares of the company slipped 24.35 percent to $4.36 on the Nasdaq, compared with the previous closing price of $5.76. The stock has traded in a 52-week range of $3.7909 to $813.600.
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