While Silvergate Stock Crashed in Q2, Its Earnings Crushed: Here’s Why

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The stock is down around 1.15% at the 5-day view. But for the 30-day period ending Friday, SI has rallied some 74% to a 6-month capitulation of 13%. Silvergate shares were trading for $93.29. Why One Crypto Stock Crashed While Its Earnings Blew Up Silvergate stock took a dive with the rest of crypto stocks as its revenues surged last quarter. Investors dropped shares and took their money somewhere else with rising inflation, recession woes, and crypto winter setting in. But the La Jolla, Califor ...

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