Momentum
Previous Close | 8.93 |
Open | 9.44 |
Bid | 9.39 x 4000 |
Ask | 9.40 x 2200 |
Day's Range | 9.14 - 10.20 |
52 Week Range | 3.11 - 18.88 |
Volume | |
Avg. Volume | 33,757,245 |
Market Cap | 1.575B |
Beta (5Y Monthly) | 4.99 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -5.66 |
Earnings Date | Aug 07, 2023 - Aug 11, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 13.22 |
It might be of some concern to shareholders to see the Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) share price down...
Some of the top meme stocks had an epic rally in 2021. The hedge funds were on the receiving end as they were caught in a big short squeeze. Times have changed and I don’t see the investor frenzy of 2021 coming back anytime soon. However, without doubt, there will be meme stocks ready for a short squeeze. For short-term traders, identifying these meme stocks can help in generating big profits at the blink of an eye. Meme stocks can be defined as “shares of a company that have gained viral popula
At the beginning of 2022, equity markets peaked after a massive rally. Through 2021, it was a challenging task to fund undervalued stocks. However, investor interest peaked, and individuals were chasing stocks trading at a substantial premium. The scenario completely changed with a big correction for growth stocks in 2022. There are still dozens of undervalued growth stocks, and investors have remained cautious. Of course, macroeconomic headwinds are a concern. I would still accumulate the top u
Marathon Digital shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 89.
Crypto stocks are loaded with uncertainty, and if there’s one thing markets hate, it’s uncertainty. Until there’s a resolution over the debt debacle, we’ll see even more uncertainty. All of which could be even more devastating to major indices, cryptocurrencies and crypto stocks. More than likely, we’ll see an 11th-hour deal. Unfortunately, until that happens, a lot of investors will remain on the sidelines.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Once there’s a resolution,
Marathon To Match All Donations Up to $500,000 through 2023FORT LAUDERDALE, Fla., May 18, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Brink, a 501(c)(3), fully-donor supported organization dedicated to strengthening the Bitcoin protocol and network through research, development, and a robust support system for both emerging and established Bitcoin developers via funding, education
Funding led by Celesta Capital and Mayfield Company driving disruptive solutions for scalable, secure and sustainable infrastructure SILICON VALLEY, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Auradine, a pioneer in web infrastructure solutions including blockchain, security and privacy, today announced that it has raised $81 million in its initial round of funding. The Series A funding was led by Celesta Capital and Mayfield, with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield joining
FORT LAUDERDALE, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the first quarter ended March 31, 2023. First Quarter 2023 Financial ResultsThe Company recorded a net loss of $(7.2) million, or $(0.05) per share, during the fiscal quarter ended March 31, 2023, compared to a net loss of $(12.9) million, or $(0.12) per share
Shares of several crypto-mining stocks rose today, thanks to positive economic data and after some company-specific news as well. Shares of Riot Platforms (NASDAQ: RIOT) traded nearly 11.5% higher as of 11:45 a.m. ET today. Meanwhile, shares of Cipher Mining (NASDAQ: CIFR) traded 10% higher, while shares of Marathon Digital Holdings (NASDAQ: MARA) were up roughly 12.4%.
FORT LAUDERDALE, Fla., May 09, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Zero Two (Registered name FS Innovation), an emerging blockchain and digital assets infrastructure development company focused on accelerating the global digital economy while supporting the power grid of Abu Dhabi, today announced further details regarding the formation of a joint venture (JV) to establish
You may think that with a price-to-sales (or "P/S") ratio of 14.6x Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) is a...
Earnings Webcast and Conference Call Set for Thursday, May 11, 2023, at 8:30 a.m. ETFORT LAUDERDALE, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 11, 2023, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be published in a press release pri
Increased Operational Hash Rate 22% to 14 EH/s and Installed Hash Rate 16% to 17.9 EH/s in April 2023Produced 702 BTC in April 2023 and 2,896 BTC Year-To-DateReported Unrestricted Cash and Cash Equivalents of $123.5 Million, and Increased Unrestricted Bitcoin Holdings to 11,568 BTC (c. $319.2 Million) as of April 30, 2023 FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin
Increased Operational Hash Rate 22% to 14 EH/s and Installed Hash Rate 16% to 17.9 EH/s in April 2023Produced 702 BTC in April 2023 and 2,896 BTC Year-To-DateReported Unrestricted Cash and Cash Equivalents of $123.5 Million, and Increased Unrestricted Bitcoin Holdings to 11,568 BTC (c. $319.2 Million) as of April 30, 2023 FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin
Bitcoin miners are cashing in on the banking crisis. Here's why three leaders in the crypto-mining space soared on Wednesday.
The recent Bitcoin (BTC-USD) might have cooled down, with the price dropping well below $30,000. But I believe this rally is unlikely to be the last of it for BTC — conditions seem perfect for another rally in the near future, which could be hugely beneficial for crypto stocks. First, the Bitcoin halving event in Q1 2024 will considerably change the supply and demand dynamics of BTC. It won’t change prices overnight, but miners will refuse to sell if their markup declines, driving up the price.
Low-priced stocks are attractive in the sense that it allows investors to build a diversified portfolio even with a small capital. It’s also untrue that low price stocks are purely speculative. With careful screening, investors can find dozens of stocks under $10 with sound fundamentals. An added attraction is when low-priced stocks represent companies that are on a high-growth trajectory. Macroeconomic uncertainties have resulted in several stocks under $10 trading at significantly undervalued
The massive short squeeze rally in GameStop (NYSE:GME) and several other meme stocks in 2021 will go down in the books of financial history. While the speculative euphoria has calmed, short squeeze stocks continue to grab the attention of investors. Furthermore, selected high short interest stocks continue to surprise with a 100% or 200% rally at the blink of an eye. I believe that risk-taking investors can consider allocating a small part of the portfolio to benefit from short squeeze rally. Of
Yahoo Finance Live’s Brad Smith discusses the decline in stock for Lucid and Bitcoin’s rally.
Short-squeeze stocks grabbed headlines last year following the monumental meme stock frenzy in 2021. The phenomenon emerged from the trenches of Reddit where traders banded together leaving short-sellers scrambling to cover their positions. In the blink of an eye, these stocks witnessed massive price jumps, defying investing logic. Since then, meme stocks have become part of Wall Street’s convention, piquing the interest of investors looking for quick gains.InvestorPlace - Stock Market News, Sto
Short-squeeze stocks have been one of the most intriguing phenomena on Wall Street in recent years. Driven by online communities of retail investors, these stocks can soar to incredible heights in a matter of days, squeezing out the short sellers who bet against them. It often takes just a small catalyst for many of these stocks soaked in red ink to make a sharp U-turn. Naturally, almost all these short-squeeze stocks have fundamental flaws that justify their bearish sentiment. But unexpected ev
Want to know why Riot Platforms, Marathon Digital, and Hut 8 Mining had such an incredible March 2023? This review reveals the key factors at play.
With the market hitting a low, speculative growth stocks have become a hot topic of conversation among investors. The big question is: Which stocks will make the biggest climb back up? The concept of the market being cyclical is reinforced by the recent actions of the Federal Reserve, such as effectively bailing out banks, increasing its balance sheet and loosening monetary policy. Sure, there was a recent 25 basis-point hike, but there is now a widespread consensus that the Fed has either reach
- Increased Bitcoin Production 21% Month-Over-Month, Producing a Record 825 BTC in March 2023 and a Record 2,195 BTC in Q1 2023 - Increased Hash Rate 64% in Q1 2023 to 11.5 EH/s as of March 31, 2023 - Reported Unrestricted Cash and Cash Equivalents of $124.9 Million and Increased Unrestricted Bitcoin Holdings to 11,466 BTC (c. $326.5 Million) as of March 31, 2023 FORT LAUDERDALE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a l
FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support the organization through its large expansion plans and to help build th