Long Island Iced Tea Soars After Changing Its Name to Long Blockchain

Bloomberg
Bloomberg
Dec 21, 2017 · 2 min read
Source: Long Island Iced Corp.

By Arie Shapira

There’s a new leader in the sweepstakes for the zaniest name change in the crypto craze.

Long Island Iced Tea Corp. shares rose 238 percent after the company rebranded itself Long Blockchain Corp. It’s the latest in a near-daily phenomenon sweeping the stock market, where obscure microcap companies…

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