# Evernorth Shares Fall 47% From Debut to $8.97 Thursday, Nov. 12 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57293 Published: 2026-11-14T09:06:38.000Z Updated: 2026-11-14T09:06:38.000Z Section: Investing > Evernorth held about 473 million XRP when its business combination closed Oct. 9, three days before XRPN began trading. Evernorth Holdings Inc. shares were last priced at $8.97 on Thursday, Nov. 12, about 47% below their first-session close, marking a sharp retreat roughly a month after their Nasdaq debut. XRPN opened at $16.68, reached $19.39 during the session and ended regular trading at $16.91, up 1.38%, on its [Oct. 12 Nasdaq debut](). At the Oct. 9 closing of its business combination, Evernorth had about 473 million XRP. XRPN shares represent equity in a company holding the digital asset, so the stock’s performance can differ from XRP’s. ## Links in this article - [Oct. 12 Nasdaq debut](https://www.tokenpost.com/news/investing/30927)