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Gemini Space Station stock crashes below IPO price after Fed decision
Yahoo Finance· 2025-09-18 06:19
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 ...