Why Bullish Stock Plummeted Last Week

Bullish (NYSE: BLSH) stock suffered a big sell-off over the last week of trading. The cryptocurrency exchange company's share price fell 11.3% across the stretch. The sell-offs came despite the S&P 500 rising 0.3% and the Nasdaq Composite rising 1.1%.After rocketing 83% higher on the day of its August initial public offering (IPO) and posting additional gains in the next couple of days of trading, Bullish stock has seen a significant valuation retracement. The company's share price is now down 17% from market close on the day of its IPO and 26% from its all-time high. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool