Securitize shares surge 22% on Tuesday following River One acquisition announcement
SECZ Securitize Corp
$9.06 +6.21%
View chart & analysis → - 1Securitize shares surged 22% on Tuesday.
- 2Securitize signed an agreement to acquire River One to enter the $6 trillion asset-backed finance market.
- 3Securitize's third-quarter revenue reached $18.6 million, representing a 13% year-over-year increase.
So what's the key point?
Securitize shares rose 22% as the company acquired River One. This acquisition is intended to help the company enter a large-scale financial market.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.