KULR Technology (US:KULR) The Motley Foolยท2025-06-16 19:23Group 1 - KULR Technology's stock experienced a significant decline of 21.3% on a trading day when the S&P 500 was up 0.9% [1] - The decline is attributed to a valuation pullback following the announcement of an 8-for-1 reverse stock split set to take effect on June 23 [2][6] - Year-to-date, KULR's share price has dropped approximately 74.5%, falling below the $1 threshold required for continued trading on the NYSE-American Market [4] Group 2 - The reverse stock split is intended to boost the share price without changing the company's fundamentals, which may help KULR avoid stricter NYSE rules regarding reverse splits [5][6] - While continuing to trade on the NYSE-American Market is beneficial for long-term accessibility to investors, the negative reaction from some investors is understandable, as reverse splits can signal struggles and limit potential short-term gains [7]