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Lion Group holds 195,000 Hyperliquid tokens valued at $15.8M, reaffirming long-term crypto strategy.

Market News
24 Aug 2026
PRNewsWire
View Source
Bullish
pluang ai news

Lion Group Holding Ltd. confirmed it continues to hold its full allocation of about 195,000 Hyperliquid (HYPE) tokens, valued at approximately $15.8 million as of August 24, 2026. The company has not sold any HYPE tokens, showing strong confidence in Hyperliquid's fundamentals and growth potential. Hyperliquid's recent growth is supported by strong trading volumes, protocol revenues, and upgrades, alongside growing institutional interest and regulatory clarity in the US. Lion Group will keep monitoring developments and update investors as needed, reflecting its commitment to its cryptocurrency treasury strategy.

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Alumis stock plunges 57% after lupus drug trial fails, but psoriasis drug progress continues.

Alumis stock plunges 57% after lupus drug trial fails, but psoriasis drug progress continues.

Alumis' stock dropped 56.58% after its Phase II lupus drug trial failed to meet main goals, causing a significant market reaction. However, positive results in a subgroup of lupus patients with a high interferon gene signature offer a potential path ...

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Alumis plunges 57% after trial failure; Enovis falls 16% on robotics acquisition news

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SPACs, biotech, geothermal, and AI stocks rally with major deals and volatility driving gains

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Enovis cuts price target to $27 amid €155M robotics acquisition, stock drops 16.5%.

Enovis cuts price target to $27 amid €155M robotics acquisition, stock drops 16.5%.

Enovis has lowered its price target to $27 from $30 following its binding offer to acquire eCential Robotics for €155 million. This acquisition aims to strengthen Enovis's position in surgical robotics and enhance its ASTRA technology ecosystem. Desp...

Market News
Bearish
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Citigroup keeps Buy on NIO but cuts price target to $7.10 amid weaker sales and outlook.

Citigroup keeps Buy on NIO but cuts price target to $7.10 amid weaker sales and outlook.

Citigroup reaffirmed its Buy rating on NIO but lowered the price target from $8.20 to $7.10 due to NIO's second-quarter deliveries and revenue missing company guidance and a third-quarter outlook below Wall Street estimates. Despite a 49.4% year-over...

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