Movement Alert|Galaxy Digital Holdings Rises 6.06% in Regular Trading, Oversold Rebound Continues on Multiple Fundamental Tailwinds

Market Focus05-26

On May 26, Galaxy Digital Holdings rose 6.06% in regular trading, trading at $30.045 USD/share, with trading volume of approximately $31.94 million.

The rebound follows three consecutive trading sessions of decline from May 15 to May 19, during which the stock fell 5.07%, 5.57%, and 5.33% respectively, accumulating a drawdown exceeding 15%. The stock began its oversold recovery on May 21 and continues to extend that upward trajectory.

On the fundamental side, multiple positive catalysts remain supportive. The company reported Q1 earnings that exceeded expectations, several investment banks upgraded their ratings, and its data center expansion plan continues to advance. Additionally, the company recently obtained a New York State BitLicense and money transmission license, reinforcing its regulatory positioning. These layered tailwinds are collectively driving the ongoing price recovery.

Within the Asset Management & Custody Banks sector, the overall tone was stable. Among peers, State Street rose 1.13%, Bank of New York Mellon rose 0.72%, KKR rose 0.72%, BlackRock rose 0.13%, and Blackstone was flat.

(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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