Why Is Jin Medical International (ZJYL) Stock Moving Today?

Jin Medical International (NASDAQ:ZJYL) stock is on the move Thursday as the wheelchair and other living aid products company’s shares undergo a split.According to a filing with the Securities and Exchange Commission (SEC), shares of ZJYL stock are undergoing a one-for-20 stock split. This was approved by the company’s shareholders in a meeting last month.It makes sense that ZJYL would see some staggering movement today alongside the stock split news. That split initially made it appear that the shares had ...