Why Bullish Stock Leaped Almost 12% Higher on Thursday

Date:

Key Points

One of the newer cryptocurrency stocks on the scene, Bullish(NYSE: BLSH), had a fine Thursday on the market. Its shares rose by nearly 12% in value, thanks to a new trading feature it announced. That increase looked especially powerful, considering that the S&P 500(SNPINDEX: ^GSPC) tipped up only marginally on the day.

Options abound

Well after market close, Bullish divulged that it will soon launch crypto options on its trading platform. This is scheduled to kick off next Wednesday, Oct. 8, with the help of several finance sector partners that will be active in the system. Among others, this lineup comprises Abraxas Capital Management, Flow Traders, and FalconX. The service is targeted at institutional investors.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

Image source: Getty Images.

At first, users…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...