XRP Hits Wall Street: Here’s How Evernorth’s XRPN Performed on Debut

Evernorth Holdings began trading publicly on October 12 after merging with Armada Acquisition Corp. II. Its XRPN stock peaked above $19 before settling just under $17 on Nasdaq, giving investors a preview of how the market values a publicly traded company built around XRP as enthusiasm for crypto treasury stock has waned. Data from Yahoo Finance shows XRPN opened at $16.68, then went up to $19.39 before falling to an intraday low of $16.39. It later finished regular trading at $16.91, up 1.38%, with volume reaching approximately 1.29 million shares. After-hours activity then lifted the stock to $17.49.