Avalanche Treasury Co. Falls 38% After Nasdaq Debut: Is It Normal?
Avalanche Treasury Co. (NASDAQ: AVAT) finally began trading on Nasdaq on June 11. However, instead of a strong debut, the stock suffered a steep selloff. Shares closed down 38.1% at $1.85 on their first day. The fall sparked unease about investor confidence and the outlook for crypto treasury companies. While the drop was alarming, AVAT’s […]
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