CaliberCos Inc. (NASDAQ) shares fell about 26% on Monday, extending weakness from premarket trading as momentum continued to unwind.
The drop followed a sharp after-hours reversal on Thursday, when the stock fell 25.20% to about 92 cents.
That selloff came after CWD surged 90.61% in Thursday’s regular session to $1.23, driven by CaliberCos’ expanded Chainlink-based real estate tokenization strategy.
CaliberCos Reverses After Chainlink-Fueled Rally
CaliberCos said it is expanding its use of Chainlink’s Automated Compliance Engine to modernize investor verification, reporting, and fund administration.
