Eightco Holdings Inc. (ORBS) saw an 8.17% drop in stock price on Tuesday due to profit-taking after a surge from a $125 million share buyback plan. The company’s CEO, Kevin O’Donnell, expressed confidence in the strategy and long-term value for shareholders.

Eightco Holdings is a Worldcoin-focused treasury company that also invests in Ethereum tokens. In September, BitMine Immersion Technologies backed the company with a $20 million investment. While ORBS shows potential, some believe other AI stocks offer better returns and limited downside risk.

Investors are advised to consider other AI stocks for higher returns and limited downside risk, as ORBS may not offer the same level of potential. For more information on promising AI stocks, readers can refer to the provided links for further insights. This article is originally published on Insider Monkey.

Read more at Yahoo Finance: Eightco Holdings (ORBS) Tumbles 8% on Profit-Taking