{"id":19686,"date":"2024-12-19T09:53:32","date_gmt":"2024-12-19T07:53:32","guid":{"rendered":"https:\/\/forklog.com\/en\/exodus-wallet-developers-shares-surge-36-following-nyse-debut\/"},"modified":"2024-12-19T09:53:32","modified_gmt":"2024-12-19T07:53:32","slug":"exodus-wallet-developers-shares-surge-36-following-nyse-debut","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/exodus-wallet-developers-shares-surge-36-following-nyse-debut\/","title":{"rendered":"Exodus Wallet Developer&#8217;s Shares Surge 36% Following NYSE Debut"},"content":{"rendered":"<p>On December 18, trading commenced for shares of the non-custodial software developer Exodus Movement<a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/05\/09\/2878404\/0\/en\/Listing-of-Exodus-Class-A-Common-Stock-Delayed-by-NYSE-American.html\"> <\/a>under the ticker EXOD. By the end of the day, the stock had soared by 36.3%, with a market capitalization<a href=\"https:\/\/finance.yahoo.com\/quote\/EXOD\/\"> reaching $1.43 billion<\/a>.<\/p>\n<p>At its peak, the stock was valued at $67, but by the close of trading, it had adjusted to $53.1.<\/p>\n<p>In the third quarter of the current fiscal year, Exodus<a href=\"https:\/\/www.exodus.com\/investors\/news-events\/press-releases\/detail\/60\/exodus-reports-third-quarter-2024-results\"> reported revenues of $20.1 million<\/a>, with a net loss of approximately $800,000.<\/p>\n<p>Exodus was founded in 2015. In 2021, the company went public, conducting a token sale worth $75 million and securing a securities listing on the tZERO platform. <\/p>\n<p>The initial listing on the <span data-descr=\"New York Stock Exchange\" class=\"old_tooltip\">NYSE<\/span> <a href=\"https:\/\/forklog.com\/en\/news\/exodus-wallet-developer-to-list-on-nyse\">was scheduled for May 9<\/a>. Exodus Movement<a href=\"https:\/\/forklog.com\/en\/news\/exodus-wallet-developer-delays-nyse-listing\"> postponed the date<\/a>, citing procedural reviews by the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>.<\/p>\n<p>Earlier in December, MicroStrategy&#8217;s shares were included in the Nasdaq 100 index calculation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 18, trading commenced for shares of the non-custodial software developer Exodus Movement under the ticker EXOD. By the end of the day, the stock had soared by 36.3%, with a market capitalization reaching $1.43 billion. At its peak, the stock was valued at $67, but by the close of trading, it had adjusted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1340,1211],"class_list":["post-19686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-exodus","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19686"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19685"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}