Riot Platforms, Inc. RIOT has experienced a 52.7% decline in its stock year to date, a sharp contrast to the 25.1% growth seen in its industry and the 19.6% increase in the Zacks S&P 500 composite.
Bitcoin rose to $42,162 on Monday in a new surge fueled by interest rate cut expectations and traders betting that U.S. regulators will soon approve exchange-traded spot bitcoin funds.
(NASDAQ:RIOT) ranks among the 10 worst falling stocks to buy now. To the new investor, the stock market can appear to be an unpredictable graph that has no inherent logic to its ups and downs.
Their average price target represents a nearly 147% upside to the company’s stock price on September 23. On September 6, Roth MKM analyst Darren Aftahi reaffirmed his Buy rating on Riot ...
Supply chain disruptions could delay the delivery and installation of new mining equipment. Additionally ... consider the volatile nature of the cryptocurrency market and potential regulatory ...