Streetbeat News

SLNH

Soluna Holdings, Inc.

https://www.solunacomputing.com

Industry

Hardware, Equipment & Parts

Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.

Open

0.97

Mkt cap

10M

Volume

189K

High

1.03

P/E Ratio

-0.10

52-wk high

8.80

Low

0.89

Div yield

N/A

52-wk low

0.85

U.S. stocks traded lower with the Nasdaq Composite falling more than 100 points. Delta Air Lines reported better-than-expected earnings for its third quarter. Secoo Holding, OpGen, and BSQUARE Corporation shares shot up while RVL Pharmaceuticals, Soluna Holdings, and T2 Biosystems shares dropped. Crude oil and gold traded down.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 6:44 pm

The article lists the stocks that have gained and lost the most in Thursday's mid-day session. Among the gainers, OpGen, Inc. (NASDAQ:OPGN) jumped 593% following two SEC filings, including a Preferred Stock Purchase Agreement. Secoo Holding Limited (NASDAQ:SECO) shares climbed 577.7% and Versus Systems Inc. (NASDAQ:VS) shares jumped 305%. Among the losers, RVL Pharmaceuticals plc (NASDAQ:RVLP) shares fell 52.4% as it agreed to effectuate a change of control transaction through prepackaged bankruptcy cases. Tempest Therapeutics, Inc. (NASDAQ:TPST) fell 50.2% and T2 Biosystems, Inc. (NASDAQ:TTOO) fell 39.8% after announcing a 1-for-100 reverse stock split.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 4:55 pm

The Dow Jones index fell by more than 50 points, while the NASDAQ rose by 0.20%. Walgreens Boots Alliance Inc reported weaker-than-expected earnings for its fourth quarter, with adjusted EPS decreasing 18% to $0.67. Secoo Holding Limited, OpGen, Inc., and BSQUARE Corporation saw significant increases in their share prices, while RVL Pharmaceuticals plc, Soluna Holdings, Inc., and T2 Biosystems, Inc. experienced significant drops.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 4:00 pm

Soluna announced a 1-for-25 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 3:07 pm

Soluna Holdings, Inc. (SLNH) has announced a 1-for-25 reverse stock split. This action is typically taken by companies to increase the market price of their shares.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 12:12 pm

During Wednesday's after-market session, several information technology stocks experienced significant movements. Notable gainers included ZeroFox Holdings, UTime, Infobird Co, Quantum, Sobr Safe, and WiSA Technologies. On the other hand, SMX (Security Matters), AgileThought, Soluna Holdings, Mobilicom, Maris Tech, and Movella Holdings saw their shares fall.