Gemini Shares Rise After Hours as Investors Back Shift Beyond Crypto Trading

Gemini shares climbed in after-hours trading on Thursday after the crypto exchange business reported a shift toward more stable revenue streams and outlined an expansion into prediction markets, even as trading activity declined. The stock rose about 7% to $6.45 in late trading after closing at $6.01, as investors appeared to focus on its improving revenue mix and cost-cutting efforts rather than weaker volumes. The company reported fourth-quarter trading volume of $11.5 billion, down 30% from the prior q ...