Securitize shares slide 38% since putting Apple, Nvidia stock on Solana
- —SECZ fell 15% on the day to $7.81, versus $12.66 on 8 October
- —The stock rose 11% on launch day and 9% the next session before giving up all gains
- —Citi cut its rating to neutral from buy on 13 October
- —The lineup includes Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta and Amazon
Why it matters: Investors are questioning the economics of tokenized equities: even the Solana pioneer has disclosed no volumes and drew a downgrade.
Source: DL News
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