Galaxy Digital Inc (NASDAQ:GLXY) shares retreating Wednesday after the digital asset and data center company posted second-quarter revenue that came in below what analysts had anticipated.
Here's what you should know.
Galaxy Digital stock is showing notable weakness.
What's pressuring GLXY stock?
Wide Revenue Miss Drives Sell-Off Second-quarter revenue of approximately $8.56 billion came in 26.4% beneath the $11.63 billion consensus estimate and represented a 1.2% contraction from the $8.66 billion the company generated in the comparable period a year earlier.
