A bit worrying watching $Gemini Space Station, Inc.(GEMI)$ unable to take off, despite their massive backing and the overall hype around the IPO launch.
GEMI Falls Below IPO Price: Bargain Entry or a Red Flag Loss In Space?
$Gemini Space Station, Inc.(GEMI)$ Introduction: A Fast Fall From Grace Few events in equity markets generate as much excitement as a hotly anticipated IPO. For investors, a listing offers the chance to get in early on the next great growth story. But IPOs can be double-edged swords: while some soar in their first weeks, others stumble almost immediately, leaving shareholders questioning whether they misjudged the hype. That’s exactly what we’re seeing with Gemini Space (NASDAQ: GEMI). After a debut on September 12 at $28 per share, GEMI surged initially, riding strong retail enthusiasm. Yet just days later, the stock has reversed course sharply. On September 18, it closed at $24.53, down 12.8% in a single day and firmly below its IPO price. For i
GEMI's Crypto Comet Crashes: Scoop Up the Debris or Dodge the Fallout?
$Gemini Space Station, Inc.(GEMI)$ Winklevoss twins' Gemini Space Station is spiraling hard, tanking 12.8% to $24.53 and breaching its $28 IPO floor mere days after a flashy Nasdaq debut that spiked to $45.89 highs—now a brutal 46% haircut from peak, mirroring crypto chills with Coinbase dipping 2.2% and Bitcoin fading 1%. This $3.3B-valued exchange, packing $21B in assets and institutional muscle, posted a gaping $283M net loss in H1 2025, swelling from prior years, while its price-to-sales ratio balloons at 26x against a 4x industry norm—fueling bear raids on overvaluation amid regulatory fog and profit droughts. Yet bulls spy a contrarian play: SEC settlement whispers, stablecoin/NFT innovations, and Nasdaq's $50M stake signal resilience, plus