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

The article reports on significant movements in the stock prices of 12 Information Technology companies during Thursday's intraday session. Notable gainers include SoundHound AI, Pegasystems, Inseego, JFrog, Infobird Co, and AppLovin, with increases attributed to recent earnings reports for some. Conversely, Focus Universal, Quantum, Fastly, MariaDB, Mawson Infra Gr, and Gryphon Digital Mining experienced notable declines, with some losses linked to recent earnings announcements.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:31 pm

Shares of crypto-related stocks are trading higher due to an increase in Bitcoin's value. This includes companies across various sectors within the cryptocurrency industry.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 2:20 pm

Shares of software companies, including ADEA, ADSK, AI, ANSS, and others, are trading lower due to rising Treasury yields following higher-than-expected U.S. January inflation data.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:30 pm

In Tuesday's intraday session, several Information Technology stocks showed significant movement. ARB IOT Group and MicroCloud Hologram were among the top gainers, with shares rising 93.5% and 75.7% respectively. NETSOL Technologies also saw a notable increase after announcing Q2 earnings. On the downside, Gryphon Digital Mining and Teradata were among the biggest losers, with shares dropping 31.9% and 23.08% respectively. Teradata's decline followed its Q4 earnings release, while ARM Holdings saw a decrease after its Q3 earnings report.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 5:31 pm

Mawson Infrastructure Group Inc. (MIGI) has announced a new co-location agreement with Faith Technologies Incorporated (FTI) for about 4 MW or 1,176 miners at its Midland, Pennsylvania facilities, with an option for future expansion. This marks the third co-location customer agreement for Mawson since Q4, 2023, expanding its multi-customer base and growth opportunities in its co-location business. Mawson's facilities, including another site in Bellefonte, Pennsylvania for self-mining, are expected to reach a total capacity of 109 MW and about 35,650 miners.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:02 pm

In Friday's after-market session, several Information Technology stocks showed notable movements. Gainers included Datasea, Infobird Co, FOXO Technologies, Vuzix, SEALSQ, and X3 Holdings with increases ranging from 2.15% to 4.1%. Conversely, Verb Tech, Remark Holdings, Mawson Infra Gr, Ostin Technology Group, Oblong, and Inseego experienced declines between 3.48% and 4.7%.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 9:31 pm

In Tuesday's pre-market session, several IT stocks showed significant movement. Gainers included Castellum (CTM), Sanmina (SANM), Super Micro Computer (SMCI), F5 (FFIV), Coda Octopus Group (CODA), and Mawson Infra Gr (MIGI) with increases ranging from 6.47% to 17.1%. Losers were Calix (CALX), Infobird Co (IFBD), Cyngn (CYN), Airspan Networks Hldgs (MIMO), SMX (Security Matters), and MicroAlgo (MLGO), with declines between 7.91% and 20.5%. Most movements were associated with the release of quarterly earnings reports.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 1:05 pm

In Monday's pre-market session, several IT stocks saw significant movement. Dave (DAVE), Synchronoss Technologies (SNCR), Teradyne (TER), Mawson Infra Gr (MIGI), ReAlpha Tech Corp (AIRE), and Alarum Technologies (ALAR) experienced gains, while Aeva Technologies (AEVA), SMX (Security Matters) (SMX), Bit Origin (BTOG), OneConnect Financial Tech (OCFT), Coda Octopus Group (CODA), and Inpixon (INPX) saw declines. Notably, CODA's Q4 earnings were released.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:05 pm

Bitcoin's recent price surge of over 4% has led to a rally in crypto-linked stocks, with companies like Cipher Mining, Mawson Infrastructure Group, Core Scientific, Sphere 3D Corp, TeraWulf, Bitfarms, Marathon Digital Holdings, and Hut 8 Corp experiencing gains between 5% and 23%. Coinbase Global and MicroStrategy also saw their stock prices increase. The rebound in crypto stocks comes after a period of selling and despite a challenging market landscape. Experts advise against a bearish outlook, highlighting a 'very bullish long term' perspective.

Portfolio Pulse from Rounak Jain

January 27, 2024 | 6:55 am

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 5:34 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.