BitGo Stock Dives Below IPO Price on Second Day of Trading: Report
Shares of BitGo, a crypto custody firm, experienced a significant drop on its second day of trading following its IPO. According to reports, the stock price fell nearly 22%, dipping below the initial offering price. The development highlights the volatile nature of newly public companies in the cryptocurrency sector. The market's reaction to BitGo's IPO underscores the challenges and uncertainties associated with investing in crypto-related ventures, particularly in the current economic climate.
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