Marathon Stock Went Down By Over 9% So Far Today

(VIANEWS) – Shares of Marathon (NASDAQ: MARA) slid 9.13% to $9.53 at 14:08 EST on Monday, after two sequential sessions in a row of gains. NASDAQ is falling 0.05% to $12,229.30, following the last session’s upward trend. This seems, up until now, a somewhat bearish trend exchanging session today.

Marathon’s last close was $10.49, 44.44% under 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 $-6.65.

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%.

Sales Growth

Marathon’s sales growth is negative 5.4% for the current quarter and 248% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Marathon’s EBITDA is -2.75.

More news about Marathon (MARA).

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