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180 Life Sciences shares drop 34.94% intraday after announcing potential $5B stock sale and name change to ETHZilla Corporation.
ByAinvest
Thursday, Aug 14, 2025 10:14 am ET1min read
180 Life Sciences Corp. plunged 34.94% intraday, following the company's announcement of a potential $5 billion stock sale agreement, which could significantly dilute existing shares, and a name change to ETHZilla Corporation, along with a Nasdaq ticker change to ETHZ, causing market reassessment. The stock had gained 198.88% over the past five trading days and 226.22% in August, leading to a technical correction.
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