BUZZ-Fintech company ALT5 Sigma regains some ground after Tuesday's slide

Reuters

Aug 20

** Shares of fintech company ALT5 Sigma ALTS.O rise 5.1% to $5.76 premarket

** ALTS slid 10.5% on Tuesday after The Information reported U.S. SEC is investigating the company

** "The company has no knowledge of any current investigation regarding its activities by the U.S. SEC," ALTS says in a post on X.com

** ALTS had announced on August 11 a $1.5 billion registered stock deal and concurrent private placement to buy $WLFI tokens from World Liberty Financial, a crypto venture backed by U.S. President Donald Trump's family

** Billionaire Steve Cohen's Point72 Asset Management disclosed a stake in ALTS in a filing late on Monday

** Trading firm Jane Street and hedge fund Citadel Adivsors also reveal stakes in ALTS in separate filings on Tuesday

** As of last close, ALTS up about 18% YTD

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com))

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activities by the U.S. SEC,\" ALTS says in a post on X.com** ALTS had announced on August 11 a $1.5 billion registered stock deal and concurrent private placement to buy $WLFI tokens from World Liberty Financial, a crypto venture backed by U.S. President Donald Trump's family** Billionaire Steve Cohen's Point72 Asset Management disclosed a stake in ALTS in a filing late on Monday ** Trading firm Jane Street and hedge fund Citadel Adivsors also reveal stakes in ALTS in separate filings on Tuesday** As of last close, ALTS up about 18% YTD   ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ALTS":"PROSHARES MORNINGSTAR ALTERNATIVES SOLUTION ETF","BK4007":"制药"},"translate_title":"BUZZ-Fintech公司ALT5 Sigma在周二下滑后收复部分失地","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALTS":0.9},"content_text":"BUZZ-Fintech company ALT5 Sigma regains some ground after Tuesday's slide ** Shares of fintech company ALT5 Sigma ALTS.O rise 5.1% to $5.76 premarket ** ALTS slid 10.5% on Tuesday after The Information reported U.S. SEC is investigating the company  ** \"The company has no knowledge of any current investigation regarding its activities by the U.S. SEC,\" ALTS says in a post on X.com** ALTS had announced on August 11 a $1.5 billion registered stock deal and concurrent private placement to buy $WLFI tokens from World Liberty Financial, a crypto venture backed by U.S. President Donald Trump's family** Billionaire Steve Cohen's Point72 Asset Management disclosed a stake in ALTS in a filing late on Monday ** Trading firm Jane Street and hedge fund Citadel Adivsors also reveal stakes in ALTS in separate filings on Tuesday** As of last close, ALTS up about 18% YTD  (Reporting by Shashwat Chauhan in Bengaluru) 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