Bit Origin Limited

Financial stocks advanced in late Wednesday afternoon trading with the NYSE Financial Index adding 0.2% and the Financial Select Sector SPDR Fund (XLF) up 0.3%.
The Philadelphia Housing Index rose 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.1%.
Bitcoin (BTC-USD) increased 4.2% to $37,247, and the yield for 10-year US Treasuries was little changed at 4.42%.
In economic news, new orders for US durable goods in October fell 5.4% after a 4% gain in September, versus expectations for a 3.2% drop in a survey compiled by Bloomberg.
The University of Michigan consumer sentiment index was revised to 61.3 for November on Wednesday, compared with expectations for 61 in a survey compiled by Bloomberg.
In corporate news, Broadway Financial (BYFC) said it received a notice from Nasdaq due to its non-compliance with a listing rule because it hasn't yet filed its financial report for the quarter ended Sept. 30. Its shares were rising 4.5%.
Apollo Global Management (APO) and Brookfield Asset Management's (BAM) Brookfield Properties are facing a $264 million lawsuit filed by Sybersound Records over the alleged illegal use of its music tracks at the Kamu Ultra Karaoke lounge, Bloomberg reported Tuesday. Apollo shares were rising 2.7% and Brookfield gained 2%.
Citigroup (C) is planning to expand efforts to tap into the private credit market through the launch of a new direct-lending strategy by early January, Bloomberg reported. The bank's shares were down 0.3%.
Bit Origin (BTOG) said Wednesday it is expanding its business in Wyoming by leading the construction and operation of a 25-megawatt mining data center facility. Its shares fell 6.2%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Bit Origin Limited

About

Capitalization

Shares outstanding

Sector

Industry

ISIN

Lot size

CEO

Website