{"id":146,"date":"2018-03-29T01:20:22","date_gmt":"2018-03-29T01:20:22","guid":{"rendered":"http:\/\/forefrontnews.cn\/finance2news\/?p=146"},"modified":"2018-03-29T01:20:22","modified_gmt":"2018-03-29T01:20:22","slug":"longfin-loses-more-than-a-third-of-its-value-after-it-gets-boot-from-russell-2000","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=146","title":{"rendered":"Longfin loses more than a third of its value after it gets boot from Russell 2000"},"content":{"rendered":"\n<div>\n<div itemscope itemtype=\"https:\/\/schema.org\/ImageObject\"> <img decoding=\"async\" src=\"http:\/\/demo6.aiwalls.comhttp:\/\/forefrontnews.cn\/finance2news\/wp-content\/uploads\/2018\/03\/Longfin-loses-more-than-a-third-of-its-value-after-it-gets-boot-from-Russell-2000.jpg\" data-enlarged-image=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2018\/03\/26\/105089331-longfin.1910x1000.jpg?v=1522073483\" width='530' height='298' alt=\"Longfin loses more than a third of its value after it gets boot from Russell 2000\"\/> <meta itemprop=\"image\" content=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2018\/03\/26\/105089331-longfin.jpg?v=1522073483\" \/><meta itemprop=\"width\" content=\"width='530'\" \/><meta itemprop=\"height\" content=\"height='298'\" \/><meta itemprop=\"datePublished\" content=\"2018-03-26T10:11:23-0400\" \/><meta itemprop=\"dateCreated\" content=\"2018-03-26T10:10:54-0400\" \/><meta itemprop=\"dateModified\" content=\"2018-03-26T10:11:13-0400\" \/><meta itemprop=\"uploadDate\" content=\"2018-03-26T10:10:54-0400\" \/><meta itemprop=\"expires\" content=\"2099-12-31\" \/> <meta itemprop=\"encodingFormat\" content=\"jpg\" \/><meta itemprop=\"author\" content=\"Source: LongFin\" \/><meta itemprop=\"publisher\" content=\"CNBC\" \/> <\/p>\n<div>Source: LongFin<\/div>\n<\/p><\/div>\n<div itemprop=\"articleBody\">\n<p>Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes.<\/p>\n<p> <meta itemprop=\"cssSelector\" content=\"#article_body > div > div.group > p:first-child&#8221;> <\/p>\n<p>Longfin (Ticker: LFIN) closed 41.5 percent lower Tuesday at $34.68 a share. The little-known stock fell 16.6 percent Monday after noted short seller Andrew Left&#8217;s Citron Research tweeted that Longfin &#8220;is a pure stock scheme.&#8221; <\/p>\n<p>The tiny stock had skyrocketed in December after news it was acquiring a firm focused on the same blockchain technology as bitcoin. Longfin went public in mid-December and announced last week it was added to the small-cap Russell 2000 and 3000 indexes on March 16 as part of FTSE Russell&#8217;s quarterly additions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes.<\/p>\n","protected":false},"author":1,"featured_media":147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[],"views":74,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/146"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146"}],"version-history":[{"count":0,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}