What's Going On With Ideanomics (IDEX) Stock?
Portfolio Pulse from Adam Eckert
Ideanomics Inc (NASDAQ:IDEX) shares are trading higher after the company announced its decision to discontinue operations of its subsidiary, Justly Markets LLC, a registered broker-dealer. The withdrawal request is subject to a 60-day minimum review period by FINRA.
June 20, 2023 | 4:19 pm
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Ideanomics shares are trading higher after the company decided to discontinue operations of its subsidiary, Justly Markets LLC.
The decision to discontinue operations of Justly Markets LLC has led to a positive market reaction, causing Ideanomics shares to trade higher. This indicates that investors view the decision as a positive move for the company, potentially leading to a more focused business strategy and improved financial performance.
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