ReAlpha Tech Shares Slumped 5% after Rocketing 103.7% on Tuesday

Tiger Newspress2023-11-15

ReAlpha Tech shares slumped 5% after rocketing 103.7% on Tuesday.

ReAlpha Tech Corp began trading on the Nasdaq under the symbol AIRE on Oct. 23 and is an early-stage company that develops and utilizes its artificial intelligence technology stack to enable retail investors to invest in short-term rental properties.

Shares of AIRE are soaring on extremely high trading volume Tuesday. According to data from Benzinga Pro, more than 7.8 million shares have already been traded in the session, far exceeding the stock's average volume of just over 444 thousand shares.

ReAlpha Tech announced the commercial launch of GENA, an AI tool that enhances residential property listings in multiple online real estate marketplaces through the integration of personalized generative AI descriptions on Nov. 1.

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Comments

Corkdork
2023-11-15
Corkdork
I'd say 5% is hardly a slump 😂

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