Why Rezolve AI Stock Plummeted by 23% Today
Prior to the day's news, investors were quite bullish on the company.A new, relatively sizable stock offering from Rezolve AI (RZLV 22.99%) led to a sell-off of the company's equity on Tuesday. Enough investors bailed from the specialty artificial intelligence (AI) company to push its stock price down by almost 23%.New funding roundThat morning, Rezolve AI announced it had reached agreements with institutional investors to sell those entities 62.5 million freshly minted shares of its ordinary stock. The pri ...