Exodus Movement Inc., a self-custodial cryptocurrency wallet provider, commenced trading on the NYSE American exchange on Wednesday, its shares closing 37% higher at $53.50. This successful debut on a major U.S. exchange marks a significant step forward for the company and underscores growing institutional acceptance of cryptocurrencies.
Theriva Biologics Inc. (TOVX) shares have plummeted 15% after the company announced a 1-for-25 reverse stock split, effective August 26. The move aims to ensure the company meets NYSE American listing requirements. This article explores the implications of the reverse split and provides insights into potential investment strategies.
