(VIANEWS) – Shares of Marathon (NASDAQ: MARA) dropped by a staggering 20.97% in 5 sessions from $11.97 at -20.97, to $9.46 at 12:37 EST on Friday, after two successive sessions in a row of losses. NASDAQ is sliding 0.02% to $12,057.42, following the last session’s downward trend.
Marathon’s last close was $9.52, 56.9% under its 52-week high of $22.09.
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 $-5.52.
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 -128.6%.
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