Business
Why has the Freelancer (ASX:FLN) share price has fallen 8% today?
The Freelancer (ASX: FLN) share price has fallen today despite the company sharing good news. Freelancer announced today that it has begun trading on the OTCQX Best Market. The OTCQX Best Market is the top tier of the OTC Markets group, a decentralised market where shares are traded by dealers. It typically allows a company greater access to international investors and more liquidity.
At the time of writing, the Freelancer share price is down by 5.34%, trading at 62 cents.
Let’s look further into Freelancer’s new listing.
Freelancer on the OTCQX
In the announcement, the company stated that listing on OTCQX market will enhance its visibility and ease of access for US-based investors.
Generally, a company listing on OTCQX is in…
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