The stock of Gemini Space Station continued its decline following the Federal Reserve's decision to cut rates by 25 bps, decreasing by 1.28% to $24.35. 1-hour period, the stock closed down 2.47%, but at its lowest point, it had fallen as much as 4.3% intraday. The exchange has fallen well below its IPO price of $28 and lost all initial gains in shares since debuting as a publicly traded company. This week, the stock has fallen by more than 10% for a newly listed company now valued at around $3 billion ami ...

(Bloomberg) — Gemini Space Station Inc. increased the potential size of its initial public offering to $433.3 million, after the oversubscribed listing drew a private placement from another exchange operator. Most Read from Bloomberg The cryptocurrency firm led by the billionaire Winklevoss twins raised the price range to $24 to $26 per share from $17 to $19, according to a filing with the US Securities and Exchange Commission on Tuesday. The company is still offering 16.7 million shares in the IPO. Tyl ...