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Securitize (SECZ) Stock Jumps 12% After Hours on River One Deal and $50M Buyback

Image: CoinCentral

TLDR Securitize stock rose as much as 12% to $7.82 after hours Monday, up from a $6.97 close. Q3 revenue grew 13% to $18.6 million, with a net loss of $66.3 million. The board approved a $50 million buyback running through December 2027. Securitize agreed to buy River One, a warehouse financing firm, with the deal expected to close in Q4. The stock is still down roughly 50% since late September. Securitize (SECZ) stock got a lift after the closing bell Monday. It rose as much as 12% to $7.82 in after-hours trading, up from a $6.97 close. Securitize Corp., SECZ The pop came with third-quarter results and a deal to buy River One. A $50 million buyback plan landed on the same day.

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