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2.60
2.99%
-0.08
Why is Blackboxstocks Inc (BLBX) Stock down?
We've noticed a 5.82% decline in Blackboxstocks Inc (BLBX) stock during the 2024-11-20 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
13 Dec, 2023:
Shares of Blackboxstocks Inc. dropped by 23.64% from $3.85 to $2.94 in the trading on Wednesday, December 13, 2023. The reason why BLBX down today is due to investors digest the company's announcement that it signed a definitive agreement to acquire Evtec Aluminium Limited. While the acquisition is projected to boost Blackbox's revenue, it will also significantly dilute current BLBX shareholders, who will receive only 26.7% of the combined company's shares post-merger.
3.15%
1.69%
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