Exchanges· ★★★· bearish·

Galaxy Digital shares fall 31.9% in October ahead of Q3 earnings

  • —Shares fell from $23.02 to $15.68 between Oct. 1 and Oct. 26, down 31.9%
  • —The stock rebounded 6.81% on Oct. 26, with an intraday low of $14.19
  • —Q3 results are due Oct. 27 before the Nasdaq open
  • —Q2 net loss was $85.3 million; adjusted EBITDA loss $77 million
Why it matters: The report will show whether data-center revenue offsets crypto trading losses as the market slides.
#GLXY
Source: TokenPost
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