Today: 20 March 2026
Subscribe
Browse Category

NASDAQ:GEMI 11 December 2025

Gemini Space Station (GEMI) Stock News Today: Prediction Markets License, Q3 Losses and 2026 Forecasts – December 11, 2025

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.
11 December 2025
·

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
Go toTop