Gemini Space Station Shares Soar on Q1 Results and Investment
Gemini Space Station's stock surged after reporting a narrower-than-expected Q1 loss and announcing a significant $100 million strategic investment from the Winklevoss twins.
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Gemini Space Station shares rise on narrower-than-expected Q1 loss, strategic investment
Read full article →Gemini Space Station Soars On $100 Million Winklevoss Investment
Gemini Space Station Soars On $100 Million Winklevoss Investment Heavily shorted Gemini Space Station soared in premarket trading after Tyler and Cameron Winklevoss injected $100 million into the money-losing crypto exchange, buying Class A shares at $14 apiece in a bitcoin-funded transaction. GEMI shares are up 20% in premarket trading after closing at $5.26 on Thursday, though the stock remains down 47% year to date. Short interest is high at 21.5% of the float, equivalent...
By Tyler Durden
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