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Marathon Stock Is 10% Up At Session Start Today

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) rose by a staggering 10.53% to $9.87 at 10:26 EST on Tuesday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.6% to $13,053.46, after two sequential sessions in a row of gains. This seems, as yet, a somewhat positive trend trading session today.

Marathon’s last close was $8.93, 52.7% under its 52-week high of $18.88.

About Marathon

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. 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 Fort Lauderdale, Florida.

Earnings Per Share

As for profitability, Marathon has a trailing twelve months EPS of $-5.66.

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 -103.2%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 100.6% and 113.8%, respectively.

More news about Marathon (MARA).

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