On Nov. 12, $8.97 was the last price for Evernorth Holdings Inc. shares, 47% below XRPN's $16.91 close in its Oct. 12 debut session on Nasdaq.
The first regular session on Oct. 12 ended at $16.91 after shares reached an intraday high of $19.39; the opening price was $16.68.
On Oct. 9, Evernorth held about 473 million XRP at the close of its business combination; XRPN began Nasdaq trading three days later. XRPN gives shareholders equity in Evernorth, and its performance need not track XRP's price.
