Cerebras Pulls Back After IPO Day; Gemini Space Station Rises on $100M Investment | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Gemini Space Station (GEMI) is rising after Tyler and Cameron Winklevoss made a $100 million “strategic investment” into the company. CEO Tyler Winklevoss said the investment will help fuel the company's ambition to evolve from a crypto company into a markets company. - Magnum Ice Cream (MICC) shares are jumped as much as 22%, the most since the stock’s December listing, after Reuters reported that private equity firms including Blackstone and Clayton Dubilier & Rice are exploring potential bids for the company. - Cerebras Systems (CBRS) shares pulled back after a huge IPO day yesterday. The shares jumped 68% in its trading debut after raising $5.5 billion in the year’s largest IPO. (Source: Bloomberg)