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Marathon Stock Jump On Wednesday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Marathon jumping 9.41% to $10.12 on Wednesday, following the last session’s downward trend. NASDAQ rose 1.28% to $12,500.57, following the last session’s downward trend on what was an all-around up trend exchanging session today.

Marathon’s last close was $9.25, 51.01% below 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 $-6.27.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is -2.75.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 99.4% and 112.3%, respectively.

More news about Marathon (MARA).

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