Marathon Stock Impressive Rise Before The Weekend, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Marathon jumping 10.06% to $9.41 on Friday, after four consecutive sessions in a row of losses. NASDAQ fell 0.94% to $13,521.45, after five consecutive sessions in a row of gains, on what was a somewhat down trend exchanging session today.

Marathon’s last close was $8.55, 56.99% under its 52-week high of $19.88.

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 $-4.05.

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 -76.14%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 228%, now sitting on 174M for the twelve trailing months.

More news about Marathon (MARA).

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