(VIANEWS) - Shares of Marathon (NASDAQ: MARA) rose 9.23% to $9.94 at 11:41 EST on Tuesday, after two consecutive sessions in a row of gains. NASDAQ is sliding 0.5% to $12,024.30, following the last session's downward trend. This seems, so far, a somewhat bearish trend exchanging session today.
Marathon's last close was $9.10, 69.14% below its 52-week high of $29.49.
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 $-5.73.
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%.Previous days news about Marathon (MARA)
- Marathon deadline alert. According to Business Insider on Sunday, 9 April, "Eastern time, and will postpone the publication of its corresponding financial results." That same day, Marathon disclosed receipt of a letter from the U.S. Securities and Exchange Commission relating to accounting errors in the Company's previously issued financial statements. ", "Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Marathon Digital Holdings Inc. ("Marathon" or the "Company") (NASDAQ: MARA) and reminds investors of the May 30, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company."
More news about Marathon (MARA).