Crypto Exchange Gemini Shrank in Q3. So Why Did Its Stock Rise?

Share

Gemini Space Station, the parent company of the Gemini crypto exchange, reported third-quarter revenue of $40.9 million on November 12. Revenue was down 19% year over year, while spot trading volume fell 73%. Despite the contraction, Gemini stock rose 3.05% to $2.70 in after-hours trading on Thursday. The report also showed a smaller loss than analysts had expected.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items