CoinShares collapses 50% from its April 1 high, dropping another 11% on April 16
CoinShares (CSHR/CNSRF) dropped 11.4% on April 16, extending a brutal two-week reversal that has erased roughly half the stock's value from its April 1 intraday high of $10.43. The decline mirrors a sharp unwinding of crypto-linked equity speculation after a brief surge, with both the listed (CSHR) and OTC (CNSRF) instruments tracking nearly identically through the selloff.
Supporting 3 queries
To surface this insight, Baselight ran 3 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
CSHR close Apr 16: $5.42 vs. open $6.12 (−11.44%). CNSRF close Apr 16: $5.45 vs. open $6.12 (−10.95%). Apr 1 intraday high (CNSRF): $10.43; Mar 26 high: $11.24. Cumulative decline from Apr 1 open ($8.72) to Apr 16 close ($5.42): −37.8%. Volume Apr 16: 469,181 shares.