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Stock impact report

Galaxy Digital (GLXY) Climbs 17.7% on Canada Delisting, Bitcoin Surge [Yahoo! Finance]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Yahoo! Finance
Galaxy Digital rebounded by 17.70 percent on Wednesday to finish at $24.34 apiece as investors shifted to its US shares following news that it would voluntarily delist from the Toronto Stock Exchange (TSX) this month. In a statement, Galaxy Digital Inc. (NASDAQ:GLXY) said that its board of directors decided to delist the company from the TSX effective March 19, 2026, to focus on its Nasdaq listing, given that the majority of its average daily trading volume is executed on the Nasdaq and other US markets. crypto Photo by David McBee on Pexels It said the initiative would also help cut additional expenses and administrative requirements associated with its dual listing. Galaxy Digital Inc. (NASDAQ:GLXY) is not required to seek approval of its shareholders, given that an alternative market is available to trade its Class A common shares. In relation to the delisting, Galaxy Digital Inc.'s (NASDAQ:GLXY) ongoing share buyback program for its Canadian shares will likewise cease Show less Read more
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