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

In Monday's after-market session, GitLab (GTLB) saw a significant increase of 15.3% in stock price following their Q3 earnings report. Other gainers included Presto Automation (PRST), Soluna Holdings (SLNH), Mercurity Fintech Holding (MFH), Meta Materials (MMAT), and Turtle Beach (HEAR). Conversely, Sonic Foundry (SOFO) led the losers with an 18.0% drop, followed by declines in SilverSun Technologies (SSNT), GSE Systems (GVP), Powerbridge Technologies (PBTS), Minim (MINM), and BIO-key Intl (BKYI).

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 9:31 pm

U Power Limited (NASDAQ:UCAR) shares plummeted by 54% after announcing a follow-on offering of 10 million units at $1.20 each. EyePoint Pharmaceuticals (NASDAQ:EYPT), Hawaiian Holdings (NASDAQ:HA), and Alterity Therapeutics (NASDAQ:ATHE) saw significant gains following positive trial results, acquisition news, and conference presentations, respectively. SilverSun Technologies (NASDAQ:SSNT) surged after a $1 billion investment announcement. Other notable movers included Bit Brother (NASDAQ:BETS), Lucy Scientific Discovery (NASDAQ:LSDI), and View, Inc. (NASDAQ:VIEW). On the downside, NexImmune (NASDAQ:NEXI), Meta Materials (NASDAQ:MMAT), and Clean Earth Acquisitions Corp. (NASDAQ:CLIN) experienced substantial losses. Alaska Air Group (NYSE:ALK) announced plans to acquire Hawaiian Holdings, causing its own shares to drop by 15.1%.

Portfolio Pulse from Lisa Levin

December 04, 2023 | 6:10 pm

In Monday's pre-market session, SilverSun Technologies (SSNT) saw a significant rise of 209.5%, while WiSA Technologies (WISA) and Marathon Digital Holdings (MARA) also experienced notable gains. Conversely, One Stop Systems (OSS), BIO-key Intl (BKYI), and T Stamp (IDAI) were among the stocks that fell sharply.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:06 pm

Hawaiian Airlines (NASDAQ:HA) shares surged over 180% in pre-market trading following the announcement that Alaska Air Group, Inc. (NYSE:ALK) plans to acquire the company for $1.9 billion. The merger is expected to expand domestic and international options for customers. Other stocks showed significant movement in pre-market trading, with notable gainers including Hut 8 Mining Corp (NASDAQ:HUT) and Bit Brother Limited (NASDAQ:BETS), and losers such as NLS Pharmaceutics AG (NASDAQ:NLSP) and Panbela Therapeutics, Inc. (NASDAQ:PBLA).

Portfolio Pulse from Lisa Levin

December 04, 2023 | 1:00 pm

In Thursday's after-market session, several information technology stocks showed significant movement. Marin Software (MRIN) saw a substantial increase of 39.6%, while Samsara (IOT) and UiPath (PATH) also rose following their Q3 earnings reports. Soluna Holdings (SLNH), Domo (DOMO), and Minim (MINM) experienced gains as well. Conversely, MMTEC (MTC), Infobird Co (IFBD), Super Micro Computer (SMCI), Ascent Solar Technologies (ASTI), Sigma Additive Solutions (SASI), and Signing Day Sports (SGN) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 9:30 pm

Soluna Holdings, Inc. has registered for ERCOT's Demand Response Program, which will allow the company to generate over $10/MWh in additional revenue for Project Dorothy and potentially reduce power costs below $20/MWh. This positions Soluna as one of the lowest cost operators in the industry. The company also reported strong Q3 results with a 176% increase in revenue and an operating profit milestone. Additionally, Soluna completed the Third Amendment of October Notes to facilitate early payoff of convertible notes, signed new hosting customers at Project Sophie, and established an Advisory Board with AI and data center experts to expand its pipeline of candidates with AI expertise.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 4:38 pm

Shares of Soluna Holdings were halted due to a circuit breaker after spiking 8.46% to the upside.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 4:37 pm

Soluna Holdings, Inc. (NASDAQ:SLNH) announced the completion of its registration for Ancillary Services, aiming to diversify revenue streams. The company reported strong Q3 results with a 176% increase in revenue and an operating profit milestone. Soluna registered for ERCOT's Demand Response Program, which could add over $10/MWh in revenue and potentially reduce power costs below $20/MWh. The company also achieved hosting diversification, established an Advisory Board, and provided updates on key metrics and project developments.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 4:34 pm

In Monday's after-market session, several information technology stocks experienced movement. Edgio (EGIO) shares rose by 10.4%, while Zscaler (ZS) fell by 6.39% following their Q1 earnings report. Other notable gainers included GSE Systems (GVP), Mawson Infra Gr (MIGI), Soluna Holdings (SLNH), Alarum Technologies (ALAR), and Sonim Technologies (SONM). On the losing side, Saverone 2014 (SVRE), BIO-key Intl (BKYI), Rekor Systems (REKR), Alpha Technology Group (ATGL), and WiSA Technologies (WISA) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 9:30 pm

In Monday's intraday session, several IT stocks experienced significant movements. Soluna Holdings (SLNH) saw a 31.7% increase after their Q3 earnings report. Bitdeer Technologies (BTDR) rose 16.99%, with high trading volume. Alpha Technology Group (ATGL) gained 16.41%, also with notable trading volume. Glimpse Group (VRAR) went up by 15.94% following their Q1 earnings release. Ondas Holdings (ONDS) increased by 14.3% after their Q3 earnings. Bit Origin (BTOG) shares rose 13.0%. On the losing side, ReAlpha Tech Corp (AIRE) dropped 24.2%, Powerbridge Technologies (PBTS) fell 17.01%, Soluna Holdings' preferred shares (SLNHP) declined 13.34%, VIA optronics (VIAO) decreased by 12.07%, SEALSQ (LAES) fell 10.09%, and Alpine 4 Holdings (ALPP) went down by 9.74%.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:31 pm

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