Why KULR Technology Stock Is Plummeting Today

KULR Technology (KULR -21.53%) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (^GSPC 0.82%) being up 0.9% at the same point in the day's trading.KULR is seeing a big valuation pullback today following news that the company will carry out a reverse stock split. The new structure for the stock won't do anything to alter the fundamentals of the business, but investors are dumping shares ahead of the 8-for-1 revers ...