Ideanomics Inc Board Has Determined To Discontinue Operations Of Its Unit Justly Markets LLC
Portfolio Pulse from Benzinga Newsdesk
Ideanomics Inc's board has decided to discontinue operations of its subsidiary, Justly Markets LLC.
June 16, 2023 | 8:05 pm
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Ideanomics Inc (IDEX) will discontinue operations of its subsidiary, Justly Markets LLC, potentially affecting the company's financial performance.
The decision to discontinue operations of Justly Markets LLC may have a negative impact on Ideanomics Inc's financial performance, as it could lead to a loss of revenue and potential write-downs of assets. This may result in a short-term negative impact on the stock price.
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