$Fundrise Innovation Fund LLC(VCX.US) This frenzy has led to a critical issue: a huge divergence between the fund's trading price and its Net Asset Value (NAV). According to public information, the fund's Net Asset Value (NAV) per share is approximately $18.97, yet before its trading suspension, the stock price was once driven up to $575. This means the trading price's premium over the NAV once exceeded 2300%. longbridge.com +1 Such an extreme premium is extremely rare among closed-end funds and has raised serious concerns in the market about the sustainability of its valuation.
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