Oct 19 2026 10:51 PM EST

Kandi Shares Drop as Reverse‑Split Announcement and Dilution Concerns Intensify

Kandi Technologies Group, Inc. (NASDAQ: KNDI) lost 35% in the last five trading days, pushing its market capitalization to roughly $54 million. The decline followed a 1‑for‑10 reverse stock split announced on October 13 and effective October 16, coupled with investor anxiety over a recent share‑based acquisition that increased dilution.