GLXY Stock Slides After Galaxy Digital Posts $85M Q2 Loss On Crypto Slump Despite First Data Center Profit
Galaxy Digital (GLXY) shares dropped in Wednesday morning trading after the firm reported a second-quarter (Q2) net loss of $85 million, swinging from a $31 million profit a year earlier.The decline in price came soon after the Mike Novogratz-led firm posted adjusted loss per share of $0.09, 68% hig…