Shares of Argo Blockchain (ARBK) are down $24.16 to $6.51 in late morning trading after the company’s delisting in London went in to effect today and its ratio to the American depository receipts changed. The ratio of shares to ADSs changed from 10:1 to 2,160:1, so that one ADS will represent 2,160 shares.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARBK: