Quick response

GigaCloud Stock Tumbles, Joining Meme Old-Timers AMC and GameStop in the Red

Text size The time of dreams GigaCloud technology fell on Monday, restoring early morning gains after retail traders changed their view on the stock. The Hong Kong-based B2B platform completed its Nasdaq IPO on Thursday, with the stock opening at $19.20, 56.7% above the IPO price of $12.25. . The next day, GigaCloud (ticker: GCT …

GigaCloud Stock Tumbles, Joining Meme Old-Timers AMC and GameStop in the Red Read More »

Why Is Bitcoin Down? The Selloff Hit Crypto Stocks Coinbase and Marathon, Too.

Text size Bitcoin fell below $22,000 on Friday. The time of dreams Bitcoin fell below $22,000 on Friday, after global equities fell amid uncertainty over the Federal Reserve’s aggressiveness in its efforts to quell inflation with interest rate hikes. Bitcoin, the world’s largest cryptocurrency, was down 8.4% to $21,498 in the past 24 hours, according …

Why Is Bitcoin Down? The Selloff Hit Crypto Stocks Coinbase and Marathon, Too. Read More »