Movement Alert｜Galaxy Digital Holdings Ltd. Intraday Rise 5.41% in Regular Trading, Q3 Adjusted EPS Beat Expectations

Market Focus10-28

On October 28, Galaxy Digital Holdings Ltd. rose 5.41% in Regular Trading, trading at $18.145 per share, with turnover of $30.3163 million.

The move followed the company’s latest quarterly results, with the earnings beat appearing to be the main near-term catalyst for the stock’s continued strength.

Galaxy Digital Holdings Ltd. reported adjusted Q3 EPS of $0.83, down from $1.12 a year earlier but well above market expectations cited at $0.29 in one report and $0.11 in another. Revenue was $8.69 billion, down from $29.22 billion a year earlier; published estimates varied, with one report showing expectations of $8.55 billion and another showing $11.437 billion. Earlier analyst support also remained part of the backdrop, including a Buy upgrade with a $28 target and a separate target increase to $48.

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