Why Is Adagio Medical Holdings ($ADGM) Stock Down -29.81% Today? ADGM shares tumbled roughly 30%, sliding to about $0.06 from a prior close of $0.0862. The pr

Why Is Adagio Medical Holdings ($ADGM) Stock Down -29.81% Today? ADGM shares tumbled roughly 30%, sliding to about $0.06 from a prior close of $0.0862. The primary catalyst was the company's announced 1-for-30 reverse stock split, aimed at regaining Nasdaq listing compliance.

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