On June 2, Galaxy Digital Holdings rose 5.02% in regular trading, trading at $31.08 USD/share, with trading volume of approximately $152 million. The continued upside extends a rebound that began after the stock experienced a cumulative decline of over 15% across three consecutive trading days from May 15 to May 19.
On the fundamental side, multiple positive catalysts continue to underpin the recovery. The company reported Q1 earnings that exceeded expectations, multiple investment banks upgraded their ratings, data center expansion plans remain on track, and the firm recently obtained a BitLicense and money transmission license from New York State. These layered positive factors have sustained buying interest and supported the ongoing price recovery from oversold levels.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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