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Dive Deeper:
Why Real Good Food Shares Are Gaining Today
Real Good Food Company Inc (NASDAQ:RGF) reported first-quarter FY22 sales growth of 124% year-on-year to $37.58 million, beating the consensus of $32.47 million.…
Why Duolingo Shares Are Surging Today
Duolingo Inc (NASDAQ:DUOL) reported first-quarter FY22 sales growth of 47% year-on-year to $81.22 million, beating the consensus of $77.44 million. Total bookings increased…
Why Mullen Automotive Shares Are Surging Today
Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance…
Why Volta Shares Are Trading Higher Today
Volta Inc (NYSE:VLTA) reported first-quarter FY22 sales growth of 77% year-on-year to $8.39 million, beating the consensus of $8.28 million. Media revenue increased…
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Why Kornit Digital Shares Are Plunging Today
Kornit Digital Ltd (NASDAQ:KRNT) reported first-quarter revenue growth of 26% year-over-year to $83.3 million, missing the consensus of $87.81 million. Adjusted EPS…
Why Neo Performance Materials Shares Are Surging Today
Neo Performance Materials Inc (TSX:NEO) (OTC:NOPMF) reported first-quarter revenue growth of 27.1% year-over-year to $166.28 million. Adjusted EPS improved to $0.56 from…
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Why Galaxy Digital Shares Are Soaring Today

By Akanksha Bakshi
  • Galaxy Digital Holdings Ltd.(TSX:GLXY) (OTC:BRPHFprovided a preliminary quarter-to-date company update.
  • Galaxy Digital has a liquidity position of ~C$1.6 billion, including C$800 million in cash and over C$800 million in net digital assets, with the majority of net digital assets in non-algorithmic stablecoins.
  • Galaxy Digital said it maintains a healthy capital and liquidity position, putting it in a good position for long-term growth.
  • It expects quarter-to-date net comprehensive income to be a loss of ~C$300 million, bringing Partners' Capital to C$2.2 billion, a decline of 12% versus March 31, 2022.
  • Overall, cryptocurrency market capitalization has dropped 40% since March 31, 2022.
  • The company plans to continue to invest in long term growth strategy while considering the current macroeconomic backdrop.
  • Galaxy Digital reconfirms the previously-stated commentary that Galaxy Digital Trading experienced no operational or execution-related disruptions.
  • Price Action: GLXY shares are trading higher by 16.06% at C$8.96 on TSX, and BRPHF is higher by 16.07% at $6.88 on the last check Friday.
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Dive Deeper:
Why Real Good Food Shares Are Gaining Today
Real Good Food Company Inc (NASDAQ:RGF) reported first-quarter FY22 sales growth of 124% year-on-year to $37.58 million, beating the consensus of $32.47 million.…
Why Duolingo Shares Are Surging Today
Duolingo Inc (NASDAQ:DUOL) reported first-quarter FY22 sales growth of 47% year-on-year to $81.22 million, beating the consensus of $77.44 million. Total bookings increased…
Why Mullen Automotive Shares Are Surging Today
Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance…
Why Volta Shares Are Trading Higher Today
Volta Inc (NYSE:VLTA) reported first-quarter FY22 sales growth of 77% year-on-year to $8.39 million, beating the consensus of $8.28 million. Media revenue increased…
One subscription that gives you access to news from hundreds of sites
Why Kornit Digital Shares Are Plunging Today
Kornit Digital Ltd (NASDAQ:KRNT) reported first-quarter revenue growth of 26% year-over-year to $83.3 million, missing the consensus of $87.81 million. Adjusted EPS…
Why Neo Performance Materials Shares Are Surging Today
Neo Performance Materials Inc (TSX:NEO) (OTC:NOPMF) reported first-quarter revenue growth of 27.1% year-over-year to $166.28 million. Adjusted EPS improved to $0.56 from…
Get all your news in one place