NasdaqCM:ABTCSoftware
American Bitcoin (ABTC): Assessing Valuation After a Sharp Multi-Month Share Price Pullback
American Bitcoin stock reacts to mounting losses and sharp pullback
American Bitcoin (ABTC) has quietly slid over the past month, with the stock down roughly 66% and about 78% in the past 3 months. This has prompted investors to reassess its Bitcoin focused model.
See our latest analysis for American Bitcoin.
That rapid drawdown sits on top of an already weak year to date share price return of about 75% and signals fading momentum as investors reassess both Bitcoin volatility and American...