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Longfin Gets The T-12 Halt, SEC Obtains Emergency Freeze Of $27M In Stock Sales
Friday, April 6, 2018 - 11:15am | 406The bizarre story of Longfin Corp (NASDAQ: LFIN) took another crazy turn Friday. Shares were halted on a Nasdaq T-12 code after soaring nearly 50 percent within minutes of the opening bell. Background Back in December, Longfin's stock soared from under $10 a share to north of $140 in...
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Why Longfin Shouldn't Blame Short Sellers
Thursday, April 5, 2018 - 2:17pm | 461Longfin Corp (NASDAQ: LFIN) stock has been all over the map lately, plummeting 80 percent in a two-week stretch before surging 80 percent Thursday after CNBC interviewed CEO Venkat Meenavalli. What Happened The Longfin story has numerous moving parts at the moment, including FTSE...
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Longfin CEO Tries To Defend Company: Shorts Are 'Going To Destroy Us'
Thursday, April 5, 2018 - 10:27am | 505The bizarre story of Longfin Corp (NASDAQ: LFIN) continued on Wednesday evening when CEO Venkat Meenavalli made a return appearance on CNBC for the first time since his controversial interview back in December. Background The story starts in December when Longfin acquired blockchain business...
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LongFin CEO Talks Stock's Huge Run, Ziddu Coins: 'We Don't Deserve This Market Cap'
Monday, December 18, 2017 - 7:13pm | 482Longfin Corp (NASDAQ: LFIN) is on a pretty incredible two-day run, moving from under $10 a share to north of $140. What gives? The company announced Friday it acquired Ziddu.com, a blockchain-empowered solutions provider that offers microfinance lending against collateralized warehouse receipts in...