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OBOOK Shares Fall 29.6% to $2.80 in Thursday’s Nasdaq Trading

OBOOK Shares Fall 29.6% to $2.80 in Thursday’s Nasdaq Trading

Photo: TokenPost

OBOOK Holdings shares fell 29.6% to $2.80 on Oct. 22, putting the Nasdaq-listed parent of Taiwan payments company OwlTing below $3 as trading volume reached about 60,000 shares. The stock had closed at $3.98 the previous session and fell as low as $2.77 during Thursday’s trading. From an Oct. 13 close of $5.30, the shares lost about 47% over seven trading sessions. A Form 4 filed Oct. 21 listed founder and CEO 王俊凱’s purchase of 12,192 Class A shares on Oct. 19 at a weighted average price of $4.2681.

Source: TokenPost

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