Why Did Clearmind Medicine Shares Plunge 29% After Hours? - Clearmind Medicine (NASDAQ:CMND)

Clearmind Medicine Inc. (NASDAQ:CMND) shares fell 29.92% in after-hours trading on Wednesday, dropping to $0.0801.Check out the current price of CMND stock here.The stock of the clinical-stage company closed on Wednesday at $0.11, down 6.08%, according to Benzinga Pro data.Reverse Split Targets Nasdaq Minimum Bid Price RuleClearmind Medicine announced on Wednesday that it will implement a 1-for-40 reverse stock split, effective Dec. 15.The company stated the reverse split is intended to help it regain compl ...