Riot Blockchain Stock Went Down By Over 13% So Far On Thursday

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) slid by a staggering 13.6% to $10.61 at 14:24 EST on Thursday, after two consecutive sessions in a row of gains. NASDAQ is jumping 0.01% to $12,307.94, following the last session’s upward trend. This seems, up until now, a somewhat positive trend exchanging session today.

Riot Blockchain’s last close was $12.28, 14.9% under its 52-week high of $14.43.

About Riot Blockchain

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy; operation of data centers; and maintenance/management of computing capacity. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado.

Earnings Per Share

As for profitability, Riot Blockchain has a trailing twelve months EPS of $-3.98.

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 -40.77%.

More news about Riot Blockchain (RIOT).

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