Gemini Space Station Sees Stocks Surge on Nasdaq Debut

Reported about 3 hours ago

Gemini Space Station, the cryptocurrency exchange founded by the Winklevoss brothers, experienced a stock price surge of over 60% during its Nasdaq debut, opening at $37.01 after an IPO priced at $28. Although it temporarily rose above $45, it settled around $35, valuing the company at about $1.5 billion. The IPO raised $425 million and was influenced by a wave of successful cryptocurrency-related IPOs in recent months.

Source: YAHOO

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