Perion Network And Other Big Stocks Moving Higher In Thursday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Perion Network, CleanSpark, BioXcel Therapeutics, Bit Digital, Hut 8 Mining Corp, Riot Platforms, Marathon Digital Holdings, and Bitfarms Ltd are all experiencing pre-market gains. Perion Network's shares climbed following Q2 preliminary results, CleanSpark gained after a Bitcoin mining update, BioXcel surged after releasing topline results from a Phase 3 trial, and the remaining companies rose following an increase in Bitcoin prices.
July 06, 2023 | 10:51 am
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POSITIVE IMPACT
Bitfarms Ltd's shares gained 3.1% in pre-market trading following an increase in Bitcoin prices.
The increase in Bitcoin prices has led to a rise in Bitfarms Ltd's share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
BioXcel Therapeutics' shares surged 5.6% in pre-market trading after releasing topline results from a Phase 3 trial.
BioXcel Therapeutics' positive Phase 3 trial results have led to an increase in its share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bit Digital's shares rose 4.8% in pre-market trading following an increase in Bitcoin prices.
The increase in Bitcoin prices has led to a rise in Bit Digital's share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
CleanSpark's shares gained 6.8% in pre-market trading after a Bitcoin mining update.
CleanSpark's recent Bitcoin mining update has led to an increase in its share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Hut 8 Mining Corp's shares gained 5.2% in pre-market trading following an increase in Bitcoin prices.
The increase in Bitcoin prices has led to a rise in Hut 8 Mining Corp's share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Marathon Digital Holdings' shares climbed 3.2% in pre-market trading following an increase in Bitcoin prices.
The increase in Bitcoin prices has led to a rise in Marathon Digital Holdings' share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Perion Network's shares climbed 8.5% in pre-market trading following positive Q2 preliminary results.
Perion Network's positive Q2 preliminary results have led to an increase in its share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Riot Platforms' shares rose 3.8% in pre-market trading following an increase in Bitcoin prices.
The increase in Bitcoin prices has led to a rise in Riot Platforms' share price. This is likely to continue in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100