Why LQR House Stock Is Sliding After Its $39 Million Stablecoin Bet
LQR House shares fell sharply on Friday, closing a volatile week for the small Nasdaq-listed company as investors weighed a management change against a large bet on an AI-linked brokerage business. The stock was recently quoted at 73.21 cents, down about 8.66 cents from the prior close, after touching an intraday low of 71.49 cents. The company’s market value stood at about $15.6 million, below the $39 million consideration disclosed for its latest Fusion Five tranche.