Less Than Five Hours Before The NASDAQ Open, Marathon Is Up By 7%

(VIANEWS) – The NASDAQ opens in less than five hours and Marathon‘s pre-market value is already 7.08% up.

Marathon’s last close was $7.20, 78.01% under its 52-week high of $32.74.

The last session, NASDAQ ended with Marathon (MARA) jumping 1.27% to $7.20. NASDAQ fell 0.45% to $11,716.08, after two consecutive sessions in a row of losses, on what was a somewhat bearish trend trading session.

About Marathon

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

Earnings Per Share

As for profitability, Marathon has a trailing twelve months EPS of $-0.13.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -41.77%.

Yearly Top and Bottom Value

Marathon’s stock is valued at $7.20 at 05:28 EST, way under its 52-week high of $32.74 and way above its 52-week low of $3.11.

More news about Marathon (MARA).

Leave a Reply

Your email address will not be published. Required fields are marked *