Stock price collapse on disclosure
Company: Hut 8
The claim, verbatim
Stock price fell $2.16 (23.3%) to $7.12 per share on January 18, 2024 on unusually heavy trading volume
Source (primary)
Aliko v. Tai — Entry #34: AMENDED COMPLAINT Verified Consolidated Shareholder Derivative (Redacted) against Joseph Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jamie… (RECAP (purchased via PACER), court_filing)
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Quote: “On this news, the Company's stock price fell $2.16, or 23.3%, to close at $7.12 per share on January 18, 2024, on unusually heavy trading volume.”
How we checked this
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Additional evidence
confirms Aliko v. Tai — Entry #34: AMENDED COMPLAINT Verified Consolidated Shareholder Derivative (Redacted) against Joseph Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jamie…
Quote: “On this news, the Company's stock price fell $2.16, or 23.3%, to close at $7.12 per share on January 18, 2024, on unusually heavy trading volume.”