Streetbeat News

WULF

TeraWulf Inc.

https://www.terawulf.com

Industry

Financial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

Open

7.10

Mkt cap

2.8B

Volume

23M

High

7.25

P/E Ratio

-42.24

52-wk high

9.30

Low

6.74

Div yield

N/A

52-wk low

1.01

Reneo Pharmaceuticals, Inc. (RPHM) shares rose by 13.6% to $1.59 after receiving an acquisition proposal from Concentra for $1.80 per share. Other stocks also showed significant movement in Wednesday's mid-day session, with notable gainers including First Wave BioPharma, Inc. (FWBI), Cingulate Inc. (CING), and Cytokinetics, Incorporated (CYTK), among others. Losers for the day included Hallmark Financial Services, Inc. (HALL), Baosheng Media Group Holdings Limited (BAOS), and Iovance Biotherapeutics, Inc. (IOVA).

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 7:11 pm

Shares of crypto-related companies are up due to an increase in Bitcoin's price.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 5:57 pm

Coherus BioSciences, Inc. (NASDAQ:CHRS) shares surged 34.8% in pre-market trading after the FDA approved UDENYCA ONBODY for pegfilgrastim-cbqv. Other stocks showing pre-market gains include Burford Capital Limited (NYSE:BUR), TeraWulf Inc. (NASDAQ:WULF), Bitfarms Ltd. (NASDAQ:BITF), Bit Digital, Inc. (NASDAQ:BTBT), HIVE Digital Technologies Ltd. (NASDAQ:HIVE), Cipher Mining Inc. (NASDAQ:CIFR), and Altimmune, Inc. (NASDAQ:ALT). U.S. stock futures were slightly lower, with Dow Jones futures down about 5 points.

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 11:08 am

Four tech stocks with high Relative Strength Index (RSI) values, indicating potential overbought conditions, are Marathon Digital Holdings, Inc. (MARA), TeraWulf Inc. (WULF), DoubleVerify Holdings, Inc. (DV), and Aurora Innovation, Inc. (AUR). MARA recently acquired two Bitcoin mining sites, WULF announced production updates, DV announced a secondary offering, and AUR posted a Q3 loss. All stocks have seen significant price increases over the past month.

Portfolio Pulse from Avi Kapoor

December 22, 2023 | 1:32 pm

In Friday's pre-market session, several information technology stocks showed significant movement. Ansys (ANSS) shares surged by 19.1%, while Cepton (CPTN) and TeraWulf (WULF) also saw notable gains. Conversely, Baijiayun Group (RTC), Peraso (PRSO), and Everspin Technologies (MRAM) were among the stocks that experienced declines.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 1:07 pm

Micron Technology, Inc. (NASDAQ:MU) reported Q1 revenue of $4.73 billion, surpassing estimates, but posted a loss of 95 cents per share, missing expectations. The company's strong guidance led to a 5.7% increase in pre-market trading. Other stocks showing pre-market gains include Calliditas Therapeutics, Lands' End, Canaan Inc., Immunovant, TeraWulf, Cipher Mining, RingCentral, and HIVE Digital Technologies, with several influenced by Bitcoin strength and positive company-specific news.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 10:27 am

Despite U.S. stock futures being higher, several stocks are moving lower in Monday's pre-market session. Companies like Gaotu Techedu, Cheche Group, and Northann Corp. are experiencing significant declines. The drop in Bitcoin's value is affecting stocks such as Marathon Digital Holdings, CleanSpark, Riot Platforms, and Canaan Inc. Iris Energy announced the acquisition of miners to increase mining capacity, yet its shares also declined.

Portfolio Pulse from Avi Kapoor

December 18, 2023 | 10:38 am

In Tuesday's pre-market session, several information technology stocks showed significant movement. Peraso (PRSO) led the gainers with a 37.8% increase, while Oracle (ORCL) experienced the largest drop among the losers, falling 9.1% after their Q2 earnings report. Other notable gainers included Mobilicom (MOB), Bit Digital (BTBT), Argo Blockchain (ARBK), TeraWulf (WULF), and Edgio (EGIO). Among the losers were SilverSun Technologies (SSNT), Minim (MINM), Inuvo (INUV), Cyngn (CYN), and VerifyMe (VRME).

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 1:07 pm

Icosavax, Inc. (NASDAQ:ICVX) shares surged approximately 45% in pre-market trading following AstraZeneca's announcement of plans to acquire Icosavax for up to $1.1 billion. Icosavax also reported positive interim Phase 2 results for its IVX-A12 vaccine candidate. Other stocks experiencing pre-market movements include gainers Bruush Oral Care Inc. (BRSH), Connect Biopharma Holdings Limited (CNTB), and losers Harbor Custom Development, Inc. (HCDI), which filed for Chapter 11 bankruptcy, and Oracle Corporation (ORCL), which reported mixed quarterly results.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 1:00 pm

bluebird bio, Inc. (NASDAQ:BLUE) shares increased by 6.6% after presenting positive gene therapy data at the ASH Annual Meeting. Other stocks experienced significant movement in Monday's mid-day session, with notable gainers including Pasithea Therapeutics Corp. (NASDAQ:KTTA), NextPlay Technologies, Inc. (NASDAQ:NXTP), and MorphoSys AG (NASDAQ:MOR). The Cigna Group (NYSE:CI) shares rose after withdrawing from a merger with Humana Inc. (NYSE:HUM), and Macy's, Inc. (NYSE:M) increased on news of a buyout bid. Conversely, Near Intelligence, Inc. (NASDAQ:NIR) and Troika Media Group, Inc. (NASDAQ:TRKA) fell sharply due to bankruptcy filings, while Altamira Therapeutics Ltd. (NASDAQ:CYTO) dropped after announcing a reverse stock split. Cryptocurrency-related stocks like Marathon Digital Holdings, Inc. (NASDAQ:MARA) and Riot Platforms, Inc. (NASDAQ:RIOT) declined alongside a drop in Bitcoin's price.

Portfolio Pulse from Avi Kapoor

December 11, 2023 | 6:13 pm

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