Gemini Space Station (GEMI) Stock News Today: Prediction Markets License, Q3 Losses and 2026 Forecasts – December 11, 2025
Gemini Space Station shares surged as much as 13.7% after its affiliate won a U.S. license to run prediction markets, before retreating to $11.36 by early afternoon December 11. The stock remains about 60% below its $28 IPO price. CEO Tyler Winklevoss thanked President Trump and regulators for support. The new license allows Gemini to offer event-based contracts to U.S. customers.