US firm's stock up 300% after adding 'blockchain' to name
US beverage maker Long Island Iced Tea's shares rose nearly 300% on Thursday after it announced it was changing its name to 'Long Blockchain Corp'. The firm said it was seeking opportunities in areas like digital cryptocurrency technology solutions for global financial markets. It has reserved the domain name www.longblockchain.com and will still operate a ready-to-drink beverage subsidiary.