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      What Caused The Lion Group (LGHL) Stock To Rise Pre-Hours Thursday? - Stocks Telegraph

      By Fahim Awan

      Published on

      March 17, 2022

      12:16 PM UTC

      What Caused The Lion Group (LGHL) Stock To Rise Pre-Hours Thursday? - Stocks Telegraph

      At last check in pre-market trading, shares of Lion Group Holding Ltd. (LGHL) were up 8.46% at $1.41. Lion Group (LGHL) stock closed last session at $1.30, increasing 23.81% or $0.25. Shares of the company fluctuated between $1.11 and $1.3299 throughout the day. The number of shares exchanged was 1.49 million, greater than the company’s 50-day daily volume of 0.28 million and higher than its Year to date volume of 0.28 million.

      In the past 12 months, Lion Group’s (LGHL) stock has advanced -67.98%, and in the last week, the stock has moved up 59.82%. For the last six months, the stock has gained a total of 6.56%, and over the last three months, the stock has decreased by -19.75%. The stock has returned -1.52% so far this year. LGHL stock continued the momentum it has gained after relocating its headquarters.

      Where Lion Group has been relocating?

      Lion Group (LGHL) works an across the board, best in class exchanging stage that offers a wide range of items and administrations, including

      1. absolute return administration (TRS) exchanging,
      2. contract-for-distinction (CFD) exchanging,
      3. protection financier, and
      4. fates and protections business.

      Furthermore, LGHL claims an expert and experienced SPAC sponsorship group to turn into an innovator in the SPAC field, assisting guide privately owned businesses through their posting with traveling while at the same time making an incentive for Lion itself. LGHL is likewise completely dedicated to building the world’s main one-stop, cross-chain, high-development non-fungible token (NFT) commercial center and entering metaverse space through blockchain innovation.

      Lion Group (LGHL) yesterday reported the Company has migrated its headquarters to Singapore.

      • LGHL’s new central command address is 3 Phillip Street, #15-04 Royal Group Building, Singapore 048693, telephone: +65 88773871.
      • Singapore is one of the major monetary focuses on the planet, with stable political arrangements, financial development, and social climate, alongside a low duty rate.
      • It has likewise fostered a sizeable unfamiliar exchange, monetary industry, and banking industry, which will help long haul amazing learning experiences for LGHL.

      How the relocation will help LGHL?

      To improve store security and financial backer certainty, Lion International Financial (Singapore) Pte Ltd., an LGHL-auxiliary, got a capital market administration permit given by the Monetary Authority of Singapore in October 2021. The corporate movement empowers Lion Group (LGHL) to investigate new business open doors in Southeast Asia as a component of its essential development plan.

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