Ripple-Backed Evernorth Crashes Over 23% as Insiders Get Cleared to Sell
Evernorth Holdings (Nasdaq: XRPN), the XRP treasury company backed by Ripple, plunged 23.5% to $7.96 on Nov. 10 after a prospectus covering up to 73.7 million shares for resale went live. The Filing Behind the Drop The sell-off followed a final prospectus dated Nov. 9 and filed with the U.S. Securities and Exchange…
Read it in your languageMachine translation by Google of the publisher's page
More in Finance
From the blog
Finchb Telegram Wallet Rewards Players with USDC and SOL for Flying
Finchb has launched Solana Bird, a game inside its Telegram wallet where players earn real USDC and SOL by flying…
Elara Winter4 min read
Ex-Ripple CTO Explains Why a Higher XRP Price Benefits the Network
Ripple CTO Emeritus David Schwartz explained on social media that a higher XRP price improves network utility, making liquidity more…
Elara Winter3 min read
Flare CEO Discusses Institutional Adoption and XRP Yield Reality
Flare CEO Hugo Philion discusses institutional adoption and XRP yield reality, explaining that FXRP decentralized finance growth depends on major…
Elara Winter3 min read