Your email has been successfully added to our mailing list.

×
0 0.0016182572614107 0.00466804979253111 0.00518672199170132 0.0160788381742738 0.00933609958506222 0.0145228215767635 0.0145228215767635
Stock impact report

What Some Say Could Be Behind Bitdeer Technologies' Recent Share Price Drop, And How It Really Matches Up Against Competitors [Yahoo! Finance]

Riot Blockchain, Inc (RIOT) 
Last riot blockchain, inc earnings: 8/8 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.riotblockchain.com
Company Research Source: Yahoo! Finance
Advocates of the company argue that the price drop is not due to fundamental reasons but rather due to the end of the stock's lock-up period. Following a company's initial public offering, some of its shares may undergo a ‘lock-up period,' during which investors are restrained from selling shares for a set period of time. According to SEC filings , approximately 95% of Bitdeer's shares had been subject to a lock-up agreement and were unable to trade on the open market. The lock-up severely reduced the number of shares open for trading - what is called the ‘float' - making it difficult for traders to find sufficient liquidity for trading. According to page 25 of the SEC filing, the lockup period occurred for "a period of 180 days" since the merger, meaning that Oct 10th was officially the last lock-up day period. The consensus among Bitdeer's advocates is that the end of the lock-up period has led to a major selling spree in the stock by early investors that have owned stock in Show less Read more
Impact Snapshot
Event Time:
RIOT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RIOT alerts
Opt-in for
RIOT alerts

from News Quantified
Opt-in for
RIOT alerts

from News Quantified