What's Going On With Marathon Digital Stock Today?
Portfolio Pulse from Ryan Gustafson
Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares are trading lower due to a disappointing Q2 earnings report. The company reported losses of 13 cents per share and quarterly sales of $81.80 million, both missing analyst consensus estimates. Despite this, the stock is up 316.52% year-to-date.
August 15, 2023 | 7:17 pm
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Marathon Digital's stock is trading lower due to a disappointing Q2 earnings report. Despite this, the stock is up 316.52% year-to-date.
Marathon Digital's stock is trading lower due to a disappointing Q2 earnings report, which missed analyst consensus estimates. This negative news is likely to have a short-term negative impact on the stock price. However, the stock is still up significantly year-to-date, indicating a strong overall performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100