Crypto Exchange Gemini's Stock Trades Below IPO Price Despite Day’s Gains
Yahoo Finance·2025-09-19 00:56
Shares of Gemini (GEMI), the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, were trading under their IPO price of 25.15. That marked a 2.5% gain on the day after the stock recouped earlier losses. The shares first broke below the IPO price on Wednesday. Gemini went public last week at 3 billion. The stock opened above the IPO price, at 4 ...