# Galaxy Digital Stock Downgrade

> Ryan Canady admits past stock misjudgment for Galaxy Digital.
- Title: Galaxy Digital Stock Downgrade · Seekingalpha | Shortify
- Summary: Ryan Canady admits past stock misjudgment for Galaxy Digital. Analyst Ryan Canady downgrades Galaxy Digital stock after recent poor performance.
- Keywords: galaxy digital, ryan canady, nasdaq, stock downgrade, seeking alpha, money, business, Galaxy, Digital, Stock, Downgrade, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4955546-galaxy-digital-i-was-wrong-before-now-im-downgrading-the-stock-sell
- Author: Ryan Canady
- Published: 2026-10-20T15:56:38+00:00
- Read time: 1 min
- Topics: galaxy digital, ryan canady, nasdaq, stock downgrade, seeking alpha, money, business
## Analyst admits stock misjudgment
Ryan Canady previously misjudged Galaxy Digital stock performance and now admits his thesis was incorrect.
## Galaxy Digital shares fall
Galaxy Digital's share price dropped as the company failed to produce positive shareholder earnings.
## Reevaluating business outlook
Canady reevaluates Galaxy Digital's outlook due to recent market response and poor business performance.
## Key takeaway

Analyst Ryan Canady downgrades Galaxy Digital stock after recent poor performance.