x
Breaking News
More () »

Riot Blockchain shares plummet; CEO fires back at CNBC

O'Rourke fired back at CNBC after the report aired, calling it "a negative one-sided piece" that "failed to tell the full story and latched on to innuendo and 'empty chair' reporting."
John O'Rourke is chairman and CEO of Riot Blockchain Inc. of Castle Rock.

Shares in Riot Blockchain Inc. plummeted more than 33 percent in Friday trading on the day the company was investigated by CNBC.

CNBC reported about "questionable moves" made by the company's executives, including CEO John O'Rourke, and added "a number of red flags in the company's SEC filings also might make investors leery."

The report sent shares in the Castle Rock cryptocurrency company (Nasdaq: RIOT) falling Friday, as they fell $5.74 to close down at $11.46.

Read more at the Denver Business Journal: http://bit.ly/2HtxFwR

Before You Leave, Check This Out