AllPennyStocks.com Micro Cap Has Strong Reaction To Share Repurchase Program

Micro Cap Has Strong Reaction To Share Repurchase Program

Micro Cap Has Strong Reaction To Share Repurchase Program By: Tomas Ronolski - AllPennyStocks.com News

Monday, April 22, 2024

A Las Vegas-based finance company is turning heads so far during Monday morning after the company announced a stock repurchase program of up to $5 million. 

Seeing that the company’s market cap is around $50 million, it’s no wonder that traders were extremely optimistic on the news as they bid up shares of Gryphon Digital Mining Inc. (Nasdaq:GRYP) cap during the premarket hours, causing shares to inevitably open up at $1.50/share (+10.29%) to start the week.

Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy.


Copyright © 2024 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Cannabis Company Shares Rally On Strong Revenue Growth & Continued Profitability
Fed Minutes Show Continued Inflation Concerns
This Micro-Cap Is Merging to Position Itself as a Potential Leader in its Space
Most Popular


Back to Top