CURRENC Stock Pops After Holiday With Eyes on Animoca Deal Cutoff
CURRENC Group Inc shares gained in late trading Tuesday. The stock picked up in its first U.S. session after the Memorial Day break, with traders watching for updates on the proposed reverse merger with Animoca Brands. Shares last traded at $3.27, up 23 cents, and volume was about 146,000 shares. CURRENC and Animoca’s exclusivity window ends June 30, so timing is tight. The Nasdaq holiday for Memorial Day on May 25 kept the market shut, with trading picking back up Tuesday. Now there’s under five weeks left for the deal.