AIFC Under Pressure After AI Financial Reports $271M Crypto Loss
AI Financial Corp. heads into the shortened holiday week after its quarterly report last week. Shares closed at $0.8932, with trading volume near 1.07 million. The stock saw a bounce late last week but is still down sharply over the last five sessions. U.S. equity markets will be closed Monday, May 25 for Memorial Day, Nasdaq said. Trading resumes Tuesday at the usual 9:30 a.m. to 4:00 p.m. Eastern Time. Tuesday will give investors a read on demand after stocks struggled last week.