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Why MoneyGram Stock Rose Over 155% on Ripple Investment

Jitendra Parashar
Why MoneyGram Stock Rose Over 155% on Ripple Investment

Today at 8:55 AM ET, MoneyGram International (MGI) stock had soared by over 155% for the day to $3.70 in the premarket session. These massive gains came after the company announced its strategic partnership with blockchain company Ripple.