News Explorer — Gemini's Stock Surges After Hours Following 30% Cut to its Workforce

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Mar 19, 9:57 pm

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Gemini's Stock Surges After Hours Following 30% Cut to its Workforce

Gemini's stock rose 7% in after-hours trading following a shift towards stable revenue streams and expansion into prediction markets. Despite a 30% decrease in trading volume, the company's revenue mix improved, with services revenue surpassing transaction revenue for the first time.

Gemini's stock rose 7% in after-hours trading following a shift towards stable revenue streams and expansion into prediction markets. Despite a 30% decrease in trading volume, the company's revenue mix improved, with services revenue surpassing transaction revenue for the first time.

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