Streetbeat News

RIOT

Riot Blockchain, Inc.

https://www.riotblockchain.com

Industry

Software - Application

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado.

Open

12.33

Mkt cap

4.3B

Volume

29M

High

12.84

P/E Ratio

85.40

52-wk high

18.75

Low

12.01

Div yield

N/A

52-wk low

6.36

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:16 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Among the gainers, AERWINS Technologies Inc. (NASDAQ:AWIN) shares climbed 86.1% after the company said it is considering strategic alternatives for its non-core operations. Among the losers, SmileDirectClub, Inc. (NASDAQ:SDC) shares dipped 62% after the company filed for Chapter 11 bankruptcy.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 5:00 pm

Portfolio Pulse from Bill Haddad

October 02, 2023 | 4:42 pm

Several US stocks recorded gains on Monday, with Pitney Bowes Inc. (PBI) gaining 15.5% after announcing a leadership transition. Riot Platforms, Inc. (RIOT) and Marathon Digital Holdings, Inc. (MARA) surged amid an increase in the price of Bitcoin. Sphere Entertainment Co. (SPHR) jumped after a successful U2 concert in Las Vegas. Other companies that saw gains include Tigo Energy, Inc. (TYGO), Studio City International Holdings Limited (MSC), Pharming Group N.V. (PHAR), Cipher Mining Inc. (CIFR), Cantaloupe, Inc. (CTLP), Mondee Holdings, Inc. (MOND), FingerMotion, Inc. (FNGR), Discover Financial Services (DFS), CleanSpark, Inc. (CLSK), and CommScope Holding Company, Inc. (COMM).

Portfolio Pulse from Lisa Levin

October 02, 2023 | 2:20 pm

Shares of Riot Platforms, Inc. (NASDAQ:RIOT) and Marathon Digital Holdings, Inc. (NASDAQ:MARA) are trading higher as the price of Bitcoin has increased by nearly 8% over the last five days. Both companies have significant short interest, with 29.44% of MARA shares and 17.47% of RIOT shares being sold short. Both stocks are also trending among retail investors on Yahoo! Finance.

Portfolio Pulse from Erica Kollmann

October 02, 2023 | 2:20 pm

Shares of Riot Platforms Inc (NASDAQ:RIOT) are trading higher by 6.3% amid a rise in Bitcoin. The company may also be benefiting from positive sentiment in the cryptocurrency industry following regulatory approval for Coinbase to enable retail perpetual futures trading. Riot Blockchain provides mining services and infrastructure for the crypto market.

Portfolio Pulse from Henry Khederian

September 28, 2023 | 6:17 pm

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:14 pm

Crypto mining stocks Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Platforms Inc (NASDAQ:RIOT) and CleanSpark Inc (NASDAQ:CLSK) are rising alongside the price of Bitcoin. The rise is attributed to continued optimism surrounding a potential spot ETF for Bitcoin. Four members of the House Financial Services Committee have called on SEC chair Gary Gensler to approve ETF applications.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 12:55 pm

Analysts have provided bullish and somewhat bullish ratings for Riot Platforms (NASDAQ:RIOT) in the last quarter. The average price target has increased by 58.39% from the previous average price target of $13.17 to $20.86, implying an upside against the current price of $9.28.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 8:00 pm

Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Riot Platforms (NASDAQ:RIOT) and maintained a $23 price target.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 4:19 pm

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