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Why Galaxy Digital Stock Triumphed on Tuesday
The Motley Foolยท 2025-12-10 00:43
The company was bolstered by the initiation of coverage by an analyst.On the back of a run-up in cryptocurrency prices and a new, bullish analyst note, crypto stock Galaxy Holdings (GLXY +12.88%) had a fine Tuesday on the stock exchange. The company's share price increased by over 11%, outperforming the relatively flat S&P 500 index.All eyes on the FedTuesday was one day before the latest Federal Reserve (Fed) Open Market Committee meeting was scheduled to wrap up. Since many economists and other Fed watche ...