Streetbeat News

MIGI

Mawson Infrastructure Group, Inc.

https://www.mawsoninc.com

Industry

Financial - Capital Markets

Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.

Open

1.89

Mkt cap

36M

Volume

876K

High

1.94

P/E Ratio

-0.45

52-wk high

4.40

Low

1.79

Div yield

N/A

52-wk low

0.46

Shares of software companies are trading lower due to a pullback in the tech sector, triggered by the release of February PPI data.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:42 pm

In Monday's pre-market session, several Information Technology stocks showed significant movements. Notably, Auddia, Mawson Infra Gr, GDS Holdings, Kingsoft Cloud Hldgs, MicroStrategy, and BTC Digital experienced gains, while Semilux International, MultiSensor AI Holdings, AEye, Airship AI Holdings, Iveda Solutions, and Infobird Co faced declines. The movements reflect varying market capitalizations and investor sentiments towards these companies.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 1:05 pm

Shares of tech and software companies are experiencing an uptick due to overall market strength and the momentum in artificial intelligence (AI).

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 8:48 pm

In Tuesday's after-market session, several information technology stocks showed significant movement. CrowdStrike Holdings, Couchbase, and Box reported Q4 earnings, contributing to their stock price increases. Other notable gainers included Alarum Technologies, Argo Blockchain, and Mawson Infra Gr. Conversely, Minim, CISO Global, Quantum, 8x8, NAPCO Security Techs, and Phunware experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 9:31 pm

In Tuesday's intraday session, several information technology stocks experienced significant movements. Notably, Datasea, Airship AI Holdings, and Dave saw substantial gains, with increases of 86.1%, 84.85%, and 56.57% respectively. On the downside, SEMrush Holdings, GitLab, and Argo Blockchain faced notable declines. The movements were largely attributed to recent earnings releases for some companies.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 5:33 pm

In Tuesday's pre-market session, several Information Technology stocks showed significant movement. Infobird Co led the gainers with a 131.2% increase, while Thoughtworks Holding experienced the largest drop among the losers, decreasing by 27.1%. The movements were largely attributed to recent earnings releases and market capitalization adjustments.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 1:06 pm

Crypto-related stocks, including BITF, COIN, and IREN, are experiencing an uptick in their trading values, correlating with an increase in Bitcoin's price.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:10 pm

In Monday's pre-market session, several Information Technology stocks showed significant movement. Ascent Solar Technologies, MicroCloud Hologram, Peraso, Meta Materials, Rimini Street, and HashiCorp were among the gainers, with increases ranging from 7.59% to 58.6%. On the downside, Banzai International, Mawson Infra Gr, Gryphon Digital Mining, BIT Mining, KVH Industries, and XIAO-I experienced declines between 4.82% and 8.7%. BIT Mining's drop was highlighted alongside its Q4 earnings report release.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 1:05 pm

In Friday's after-market session, several Information Technology stocks showed notable movements. Ostin Technology Group (OST) led the gainers with an 88.7% increase, while Infobird Co (IFBD) experienced the largest drop among the losers, falling 14.9%. Other notable companies include Mawson Infra Gr (MIGI), X3 Holdings (XTKG), and MicroCloud Hologram (HOLO).

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 9:31 pm

Mawson Infrastructure Group Inc. (MIGI) reported a significant growth in its January 2024 revenue, reaching approximately $7.06 million, which is a 3X increase from January 2023 and an 18% month-over-month growth. This growth is attributed to the company's expansion in its three primary business lines: energy management, co-location, and self-mining. MIGI also announced the addition of a new co-location customer, FTI, marking the third such agreement since Q4 2023. The company's operational capacity includes two sites in Pennsylvania with a total power capacity of 109 MW, capable of supporting 35,650 miners.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:47 pm

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