Marathon Stock Was Up By 13.59% Today

(VIANEWS) – The NASDAQ ended the session with Marathon (MARA) jumping 13.59% to $29.22 on Wednesday while NASDAQ jumped 1.3% to $15,859.15.

Marathon’s last close was $25.72, 17.83% below its 52-week high of $31.30.

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 $-3.08.

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 -42.13%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 671.1%, now sitting on 259.16M for the twelve trailing months.

Volume

Today’s last reported volume for Marathon is 67643100 which is 13.67% below its average volume of 78358500.

More news about Marathon (MARA).

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