Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Gemini Space Station (GEMI) is rising after Tyler and Cameron Winklevoss made a $100 million “strategic investment” into the company. CEO Tyler Winklevoss said the investment will help fuel the company's ambition to evolve from a crypto company into a markets company.
- Magnum Ice Cream (MICC) shares are jumped as much as 22%, the most since the stock’s December listing, after Reuters reported that private equity firms including Blackstone and Clayton Dubilier & Rice are exploring potential bids for the company.
- Cerebras Systems (CBRS) shares pulled back after a huge IPO day yesterday. The shares jumped 68% in its trading debut after raising $5.5 billion in the year’s largest IPO.