Streetbeat News

SDIG

Stronghold Digital Mining, Inc.

https://www.strongholddigitalmining.com

Industry

Financial - Capital Markets

Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. It also operates coal refuse power generation facilities. The company was incorporated in 2021 and is headquartered in New York, New York.

Open

2.85

Mkt cap

42M

Volume

45K

High

2.90

P/E Ratio

-3.51

52-wk high

6.70

Low

2.78

Div yield

N/A

52-wk low

1.65

In Tuesday's pre-market session, several information technology stocks showed significant movement. Cyngn, SMX, Phunware, DZS, WISeKey Intl Holding, and CISO Global were among the gainers, with increases ranging from 7.47% to 35.1%. Conversely, Presto Automation, Nvni Group, Stronghold Digital Mining, ARB IOT Group, Oblong, and Akerna experienced declines between 5.0% and 11.1%. Market capitalizations for these companies vary, with Cyngn at $8.8 million and Phunware at $113.5 million.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 1:06 pm

In Monday's after-market session, several Information Technology stocks experienced movement. ComSovereign Holding (COMS) and SMX (Security Matters) (SMX) were among the gainers, with shares rising 11.2% and 8.26%, respectively. Argo Blockchain (ARBK), EMCORE (EMKR), ZeroFox Holdings (ZFOX), and Indie Semiconductor (INDI) also saw gains. On the losing side, CI&T (CINT), Nvni Group (NVNI), CCSC Technology (CCTG), Crexendo (CXDO), Stronghold Digital Mining (SDIG), and Greenidge Generation Hldg (GREE) experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 9:31 pm

In Friday's intraday session, several IT stocks experienced significant movements. Airspan Networks (MIMO) surged 63.0%, while Super Micro Computer (SMCI) rose 31.28%. Intchains Gr (ICG) increased by 15.53%, Presto Automation (PRST) by 11.66%, EMCORE (EMKR) by 11.53%, and SmartRent (SMRT) by 11.33%. Conversely, SEALSQ (LAES) dropped 20.3%, Remark Hldgs (MARK) by 13.98%, Cambium Networks (CMBM) by 13.79%, Taoping (TAOP) by 12.63%, Stronghold Digital Mining (SDIG) by 11.25%, and Mawson Infra Gr (MIGI) by 11.08%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:31 pm

HC Wainwright & Co. analyst Kevin Dede has reaffirmed a Buy rating on Stronghold Digital Mining (NASDAQ:SDIG) and increased the price target from $2 to $7, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 11:09 am

In Friday's intraday trading session, several information technology stocks experienced significant movements. Airspan Networks (MIMO) saw a sharp increase of 55.7%, while Wipro (WIT) rose by 18.46% following their Q3 earnings release. Other gainers included UTime (WTO), Inpixon (INPX), OMNIQ (OMQS), and EMCORE (EMKR). Conversely, SEALSQ (LAES), Spectaire Holdings (SPEC), Argo Blockchain (ARBK), WISeKey Intl Holding (WKEY), Greenidge Generation Holding (GREE), and Stronghold Digital Mining (SDIG) faced notable declines.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 5:31 pm

In Friday's pre-market session, several information technology stocks showed significant movement. Pixelworks (PXLW) led the gainers with an 18.8% increase to $1.64, while SEALSQ (LAES) led the losers with a 28.7% decrease to $2.26. Other notable gainers included BTCS, FOXO Technologies, CISO Global, Inpixon, and BTC Digital, with increases ranging from 7.85% to 12.62%. On the losing side, Agora, Infobird Co, Greenidge Generation Hldg, Stronghold Digital Mining, and Cipher Mining saw declines between 5.13% and 6.55%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:05 pm

TechTarget, Inc. (TTGT) shares rose by 14.4% after announcing a strategic combination with Informa Tech's digital businesses. Other stocks experienced significant movements in Thursday's mid-day session, with various companies reporting acquisitions, financial results, and other business updates. Notably, First Financial Northwest, Inc. (FFNW) surged 53% due to an acquisition announcement, and Transphorm, Inc. (TGAN) jumped 25.3% after a buyout offer. Crypto-related stocks like Canaan Inc. (CAN) and Stronghold Digital Mining, Inc. (SDIG) also rose after the SEC approved the listing and trading of spot Bitcoin ETFs. Conversely, several companies saw their shares fall, such as Clearmind Medicine Inc. (CMND), Office Properties Income Trust (OPI), and Plug Power Inc. (PLUG), which was downgraded by an analyst.

Portfolio Pulse from Avi Kapoor

January 11, 2024 | 6:32 pm

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 2:26 pm

Richardson Electronics, Ltd. (NASDAQ:RELL) shares dropped by 13.2% in pre-market trading after reporting a Q2 loss of 13 cents per share versus the expected earnings of 1 cent per share, and sales of $44.13 million against the anticipated $52.00 million. Other stocks experienced pre-market movements, with some gaining due to various factors such as Bitcoin price strength, asset sales, and acquisition announcements, while others fell due to patent grants, regulatory updates, and previous day movements.

Portfolio Pulse from Avi Kapoor

January 11, 2024 | 12:51 pm

In Wednesday's pre-market session, several information technology stocks showed significant movement. Nvni Group (NVNI) shares surged 64.1% to $3.17, SMART Global Holdings (SGH) rose 12.56% to $20.79 following Q1 earnings, and E2open Parent Holdings (ETWO) increased by 11.97% to $4.3 post Q3 earnings. Conversely, Aehr Test Systems (AEHR) fell 16.6% to $18.64 after Q2 earnings, and other stocks like Mawson Infrastructure Group (MIGI), Taoping (TAOP), CalAmp (CAMP), ComSovereign Holding (COMS), and Stronghold Digital Mining (SDIG) also experienced declines.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:05 pm

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