Abacus Global Management Moves Stock Listing to NYSE with New Ticker ABX
- Listing Transfer: Abacus Global Management plans to transfer its Class A common stock from Nasdaq to the NYSE on December 30, 2025, with a new ticker symbol ABX, which is expected to enhance the company's visibility and liquidity in the capital markets.
- Bond Trading Change: The company's 9.875% Fixed Rate Senior Notes will also move to the NYSE on the same date under the new ticker ABXL, further strengthening its financing capabilities and attracting more institutional investors.
- Strategic Implications: CEO Jay Jackson stated that this transfer underscores the commitment to enhancing long-term shareholder value by leveraging the NYSE's global reach and deep market liquidity to support the company's growth strategy.
- Market Reception: NYSE Chief Development Officer Chris Taylor welcomed Abacus to the exchange, highlighting its potential to drive innovation and deliver long-term value for stakeholders, indicating a positive outlook for the company's future development.
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SPDR Gold Shares ETF Drops by 2.1%
- Market Performance: Gold shares have experienced a decline of 2.1%.
- Investor Sentiment: The decrease in gold shares may reflect changing investor confidence in the market.
Kinross Gold Declines 2.7%, AngloGold Ashanti Drops 3.2%, Gold Fields Decreases by 3%
Kinross Gold Decline: Kinross Gold's stock has decreased by 2.7%.
AngloGold Ashanti Drop: AngloGold Ashanti's shares have fallen by 3.2%.
Gold Fields Decrease: Gold Fields has experienced a decline of 3% in its stock value.
Overall Market Trend: The gold mining sector is facing a downward trend in stock prices.
U.S. GOLD MINER STOCKS DROP IN PREMARKET TRADING AS GOLD PRICES FALL OVER 1%
- Market Impact: U.S. listed shares of gold miners have experienced a decline in pre-market trading.
- Gold Prices: This drop in shares coincides with a more than 1% decrease in gold prices.
NEWMONT DECLINES 2.8%, SIBANYE STILLWATER DROPS 3.9%, BARRICK MINING FALLS 2.6%, HARMONY GOLD SLIPS 3%
Economic Decline: Various sectors are experiencing a downturn, with notable decreases in Newmont (2.8%), Sibanye Stillwater (3.9%), and Barrick Mining (2.6%).
Gold Sector Impact: Harmony Gold has also reported a decline of 3%, indicating a broader trend affecting the gold mining industry.
SPDR Gold Shares ETF Rises by 3.8%
- Stock Performance: Gold shares have advanced by 3.8%, indicating a positive trend in the market.
- Market Analysis: The increase in gold shares reflects investor confidence and potential growth in the sector.
Kinross Gold Rises 4.7%, AngloGold Ashanti Increases by 4.4%
Kinross Gold Performance: Kinross Gold's stock has increased by 4.7%, indicating a positive market response.
AngloGold Ashanti Update: AngloGold Ashanti has also seen a rise in its stock, with an increase of 4.4%.
SPDR Gold Shares ETF Drops by 2.1%
- Market Performance: Gold shares have experienced a decline of 2.1%.
- Investor Sentiment: The decrease in gold shares may reflect changing investor confidence in the market.
Kinross Gold Declines 2.7%, AngloGold Ashanti Drops 3.2%, Gold Fields Decreases by 3%
Kinross Gold Decline: Kinross Gold's stock has decreased by 2.7%.
AngloGold Ashanti Drop: AngloGold Ashanti's shares have fallen by 3.2%.
Gold Fields Decrease: Gold Fields has experienced a decline of 3% in its stock value.
Overall Market Trend: The gold mining sector is facing a downward trend in stock prices.
U.S. GOLD MINER STOCKS DROP IN PREMARKET TRADING AS GOLD PRICES FALL OVER 1%
- Market Impact: U.S. listed shares of gold miners have experienced a decline in pre-market trading.
- Gold Prices: This drop in shares coincides with a more than 1% decrease in gold prices.
NEWMONT DECLINES 2.8%, SIBANYE STILLWATER DROPS 3.9%, BARRICK MINING FALLS 2.6%, HARMONY GOLD SLIPS 3%
Economic Decline: Various sectors are experiencing a downturn, with notable decreases in Newmont (2.8%), Sibanye Stillwater (3.9%), and Barrick Mining (2.6%).
Gold Sector Impact: Harmony Gold has also reported a decline of 3%, indicating a broader trend affecting the gold mining industry.
SPDR Gold Shares ETF Rises by 3.8%
- Stock Performance: Gold shares have advanced by 3.8%, indicating a positive trend in the market.
- Market Analysis: The increase in gold shares reflects investor confidence and potential growth in the sector.
Kinross Gold Rises 4.7%, AngloGold Ashanti Increases by 4.4%
Kinross Gold Performance: Kinross Gold's stock has increased by 4.7%, indicating a positive market response.
AngloGold Ashanti Update: AngloGold Ashanti has also seen a rise in its stock, with an increase of 4.4%.
