Blackstone Inc.
Blackstone Inc. (BX) Stock News
The latest BX headlines and market coverage — 3 recent stories, updated throughout the day.
- Benzinga·
Why Is U-BX Technology Stock Falling After Hours Today?
U-BX Technology (NASDAQ: UBXG), a China-based AI-driven insurance technology company, announced a 1-for-25 reverse stock split effective Friday. The stock fell 15.6% in after-hours trading to $0.11 following the announcement. The reverse split will combine every 25 shares into one share, reducing outstanding Class A shares from 37.79 million to 1.51 million. The stock has plunged over 96% in the past 12 months and is trading near its 52-week low.
- GlobeNewswire Inc.·
U-BX Technology Ltd. Announces Effective Date of Reverse Stock Split
U-BX Technology Ltd. (NASDAQ: UBXG), an AI-driven insurance technology provider, announced a 1-for-25 reverse stock split effective May 22, 2026. The split will reduce outstanding class A shares from approximately 37.79 million to 1.51 million and class B shares from 7.66 million to 0.31 million. The ratio was determined by the Board of Directors following shareholder approval at the November 2025 annual meeting.
- GlobeNewswire Inc.·
MBX Biosciences Provides Obesity Portfolio Update Including Initial Phase 1 Data for MBX 4291 Supporting Potential for Once-Monthly Dosing
MBX Biosciences announced preliminary Phase 1 data for MBX 4291, a GLP-1/GIP co-agonist prodrug showing 7% mean weight loss at 8 weeks with good tolerability and potential for once-monthly dosing. The company also nominated MBX 5765, a novel four-agonist candidate for obesity, and achieved proof of concept for imapextide in post-bariatric hypoglycemia, though will not pursue further Phase 2b development of the latter to prioritize resources.