Riot Platforms, Inc. (RIOT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -15.1%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Technology Services industry, which Riot Platforms, Inc. falls in, has lost 1.6%. The key question now is: What could be the stock's future direction?Alt ...

CASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024                   Comparison (%)  Metric March 20241February 20241March 2023 Month/MonthYear/Year  Bitcoin Produced 425418 695 2%-39%  Average Bitcoin Produced per Day13.714.4 22.4 -5%-39%  Bitcoin He ...

Riot Platforms, Inc. (RIOT) closed at $11.43 in the latest trading session, marking a -1.47% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.63%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%.The the stock of company has fallen by 29.48% in the past month, lagging the Business Services sector's gain of 0.67% and the S&P 500's gain of 1.76%.The investment community will be closely monitoring the performance of Riot Platforms, Inc. in its fo ...

Riot Platforms, Inc. (RIOT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -24.7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Technology Services industry, which Riot Platforms, Inc. falls in, has gained 1.1%. The key question now is: What could be the stock's futu ...

This strategic investment will seed the development of a pilot site, while also accelerating the long term objective of being the premier platform for turning the world's waste into fuels and power.  HOUSTON, March 12, 2024 /PRNewswire/ -- Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercializati ...

Riot Platforms (RIOT) Stock Price Prediction in 2030: Bull, Base and Bear Forecasts 2022 Getty Images / Getty Images News via Getty Images The digital currency landscape has captured the imagination of investors worldwide, sparking fervent discussions about the future of finance. In the wake of the 2008 financial meltdown, Bitcoin emerged as a groundbreaking decentralized payment network, underpinned by a rock-solid public ledger known as the blockchain. As Bitcoin’s market value soars past the $1 trillio ...

Riot Platforms, Inc. (RIOT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +43.6% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Technology Services industry, to which Riot Platforms, Inc. belongs, has gained 16.4% over this period. Now the key question is: Where could the stock be headed in the near term?Wh ...

Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-mining capacity, the remaining 17,000 will replace currently under- ...

Riot Platforms, Inc. (RIOT) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of a loss of $0.29 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 265.52%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced a loss of $0.25, delivering a surprise of 13.79%.Over the last four quarters, the ...

CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot's website and here. "I am pleased to announce results for Riot for 2023, which proved to be another milestone year in Riot's ongoing development as a leading vertically integrated Bitcoin miner," said Jas ...