Gemini Shares Close Oct. 20 at Record Low of $3.135, Down 89% From IPO
Photo: TokenPost
Gemini Space Station, Inc. (GEMI) shares closed at a record low of $3.135 on Oct. 20, leaving the cryptocurrency exchange’s stock about 89% below its $28 initial public offering price. The close was lower than the $3.215 recorded on Oct. 19, which had been a new low at the time. Shares fell $0.08 between the two closing prices. The 89% decline compares the Oct. 20 close with the price investors paid in the offering. For the six months ended June 30, 2026, Gemini recorded $95.7 million in revenue, up from $68.6 million in the same period of 2025.
Also reported by Protos.
Source: TokenPost
