Marathon Digital shares are trading lower after Kerrisdale Capital issued a short report on peer Riot Platforms.
Portfolio Pulse from Benzinga Newsdesk
Marathon Digital shares are trading lower following a short report issued by Kerrisdale Capital on Riot Platforms.
June 05, 2024 | 1:45 pm
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NEGATIVE IMPACT
Marathon Digital shares are trading lower due to a short report on Riot Platforms by Kerrisdale Capital.
The short report on Riot Platforms has negatively impacted investor sentiment towards Marathon Digital, leading to a decline in its share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Riot Platforms is the subject of a short report by Kerrisdale Capital, which has led to a decline in its peer Marathon Digital's shares.
Kerrisdale Capital's short report on Riot Platforms has directly affected its stock price and indirectly impacted Marathon Digital.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100