Evernorth Filing To Unlock 12 Million Shares For Resale
Photo: DailyCoin
About 12 million additional Evernorth shares could become eligible for sale once a resale registration takes effect, according to crypto commentator Dana Love. In a new video examining the XRP treasury company’s filings, Love argues that this potential supply matters more than the much larger registration headline & could reshape trading in a stock with a relatively small float. XRPN fell from an opening price of $14.19 to $11.74 by early afternoon in the session discussed, a decline of roughly 17%.
Source: DailyCoin
