Why Are Shares Of Paranovus Tumbling Friday?

Paranovus Entertainment stock is testing key support levels. What’s behind PAVS weakness?Paranovus is also giving back part of the recent liquidity-driven pop that followed the company's decision to end its sales agreement, after the stock jumped 53.56% after-hours to $0.46 from a $0.30 close.Stock To Undergo 1-for-12 Reverse Stock SplitParanovus announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.000001 per share (the “Class A Ordinary Shares”), at a ...