Why Gemini Space Station Stock Jumped 31.2% Today
Gemini Space Station stock surged as investors reacted to a new SEC exemption for tokenized stocks.
Overview
Gemini Space Station (NASDAQ: GEMI) jumped 31.2% today in a rally that stretched across the crypto market. Gemini investors are hoping a new 5-year exemption for tokenized stock opens up a substantial new line of business for the company.
The S&P 500 lost 0.1% while the Nasdaq Composite gained 0.2% in Friday's session.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.