What's Going On With Ryvyl (RVYL) Stock Today?

Ryvyl Inc RVYL shares are trading lower by 30.6% to $1.43 during Tuesday’s session after the company late Monday announced the launch of a proposed underwritten public offering, then announced the cancellation of the offering early Tuesday.

Per Ryvyl, the decision was made by the company’s management due to the assessment that current market pricing is not favorable for the offering, considering the best interests of the company and its shareholders.

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How To Buy RVYL Stock

By now you're likely curious about how to participate in the market for Ryvyl – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Ryvyl, which is trading at $1.43 as of publishing time, $100 would buy you 69.93 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, RVYL has a 52-week high of $17.50 and a 52-week low of $1.27.