Tuesday, 02 January 2024 12:17 GMT

Winklevoss Twins' Gemini Prices IPO At $28 As Retail Buzz Runs 'Extremely Bullish' Ahead Of Nasdaq Debut


(MENAFN- AsiaNet News)

The Winklevoss twins-backed crypto exchange Gemini (GEMI) priced its IPO at $28 per share, raising approximately $425 million and exceeding expectations ahead of its Nasdaq debut on Friday.

On Stocktwits, retail sentiment around Gemini's stock was running hot ahead of the debut. The stock has already drawn more than 1,000 followers, with chatter at 'extremely high' levels and sentiment firmly in 'extremely bullish' territory.

The crypto exchange, founded by Tyler and Cameron Winklevoss, is set to begin trading under the ticker 'GEMI' on the Nasdaq Global Select Market. The pricing came in well above the original $17 to $19 range, reflecting strong investor demand for one of the year's most closely watched crypto listings.

Get updates to this developing story <directly on Stocktwits.

Read also: Upexi Stock Pops Pre-Market, Retail Chatter Surges On Growing Solana Treasury Holdings

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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