IH

Inno Holdings

INHD
NASDAQMaterials
$0.08
USD
-0.04(-31.00%)
At close: Apr 30, 17:04 UTC
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$0.08

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$0.08

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$0.08

Low

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Market Snapshot

Market Cap

$489.74K

P/E Ratio

-0.1

EPS

-1.68

Revenue

$1.21M

Employees

5

Why INHD moved

Inno Holdings Inc. shares crashed over 30% following the announcement of a 1-for-20 reverse stock split, alarming investors and raising concerns about the company's stability.

About

Inno Holdings, Inc. engages in the marketing and sale of construction products. The company is headquartered in Brookshire, Texas and currently employs 5 full-time employees. The company went IPO on 2023-12-14. The firm is focused on revolutionizing the construction industry with proprietary cold-formed steel framing, AI-driven design, and automation. The company offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The firm transforms raw material (coils of rolled steel of various gauges and other materials) through its proprietary technologies to cut, punch and bend the steel into members or other components. These work-in-process components are further processed into finished products which are used in a variety of building types, including residential, commercial, industrial, and infrastructure. The company sources and purchases electronic devices, including pre-owned smartphones, tablets, and laptops, from suppliers in Asia, and sells these products to wholesale clients and retail customers in Southeast Asia, Europe and other areas.

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