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Greenlane Holdings (GNLN) Stock Soars 72% After Hours: What Sparked The Move - Greenlane Hldgs (NASDAQ:GNLN)
Benzinga· 2026-02-12 07:15
Group 1: Stock Performance - Greenlane Holdings Inc. shares surged 71.72% to $1.58 in after-hours trading, despite closing regular trading at $0.92, down 7.05% [1] - The stock has experienced a staggering decline of 99.90% over the past 12 months, with a market capitalization of $7.33 million [4] - Currently, the stock is positioned just above its 52-week low, roughly 0.002% above the bottom of its annual range [4] Group 2: Company Developments - Greenlane Holdings announced a Berachain-focused digital asset treasury strategy in late January [3] - A wholly owned subsidiary of Greenlane signed a Token Purchase and Sale Agreement and a Token Lending Agreement with Berachain Operations Corporation [2]