Published on August 3rd, 2018 | by bitcoin0
Mike Novogratz’s Cosmic system Advanced Stock Posting Flaunts a Quite Harsh Begin
Shares of Galaxy Digital Holdings Ltd. plummeted by more than 20% soon after the listing owing to poor Q1 results this year.
On Wednesday, August 1, Mike Novogratz’s merchant bank Galaxy Digital’s shares were publicly traded on Toronto’s TSX Venture Exchange (TSX-V) as reported by CoinSpeaker.
Galaxy Digital finally started trading on the Toronto Stock exchange at C$2.75 and witnessed a pretty rough start as the stock price plummeted by more than 20 percent just during the first half an hour of the trading.
Currently, the company is listed as Galaxy Digital Holdings Ltd. with 70 employees on-board.
So far this year, Galaxy Digital has made six acquisitions and eleven different investments for $86 million.