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Tonix Pharmaceuticals Shares Down 20%, Company Plans Another Reverse Stock Split

By Josh Beckerman

Shares of Tonix Pharmaceuticals Holding fell 20% to 41 cents on Tuesday after the company said it would conduct its second reverse stock split in less than a year.

The shares approaching their 52-week low of 29 cents and have fallen 90% in the last 12 months.

The…

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