Home Crypto Voyager Digital Plunges on Three Arrows Publicity, Analyst Downgrade

Voyager Digital Plunges on Three Arrows Publicity, Analyst Downgrade

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“The 3AC publicity raises survivability questions for VOYG,” Chris Allen, an analyst with boutique funding financial institution Compass Level mentioned in a observe to purchasers Wednesday. “With 3AC considering asset gross sales or a rescue by one other agency , it’s unclear if the fund will be capable of repay its excellent loans and even when it someway has the capability to take action, we’d anticipate it to take an prolonged period of time.” Allen has a impartial score on Voyager’s shares together with a worth goal of $6 (C$8).

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