Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Bullish Stock Plummeted Last Week

TheMotleyFool

0 0

Bullish (NYSE: BLSH) stock suffered a big sell-off over the last week of trading. The cryptocurrency exchange company's share price fell 11.3% across the stretch. The sell-offs came despite the S 500 rising 0.3% and the Nasdaq Composite rising 1.1%.

After rocketing 83% higher on the day of its August initial public offering (IPO) and posting additional gains in the next couple of days of trading, Bullish stock has seen a significant valuation retracement. The company's share price is now down 17% from market close on the day of its IPO and 26% from its all-time high.

Image source: Getty Images.

Source Fool.com

Like: 0

BLSH

Share