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 -9.7% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Technology Services industry, to which Riot Platforms, Inc. belongs, has lost 10.6% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

CASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has successfully energized the substation at the Company's Corsicana Facility. "Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoin mining facility, and today, we have achieved a new milestone in turning that vision into a re ...

Should crypto investors buy this beaten-down stock?Bitcoin (CRYPTO: BTC) has been enjoying a strong year, with the digital currency hitting all-time highs in 2024. But that bullishness hasn't been paying off for crypto mining stock Riot Platforms (RIOT -1.12%), whose shares are down 45% since the start of the year. Now nowhere near its 52-week high of $20.65, the excitement around the stock appears to be fading.But could the upcoming Bitcoin halving event help rally the crypto stock? While it will reduce th ...

Riot Platforms, Inc. (RIOT) ended the recent trading session at $7.97, demonstrating a -1.12% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 1.15%.Shares of the company witnessed a loss of 27.32% over the previous month, trailing the performance of the Business Services sector with its loss of 4.36% and the S&P 500's loss of 1.09%.The investment commun ...

Riot Platforms (NASDAQ:RIOT) stock is in the news Wednesday as Bernstein analysts have a lot of positive things to say about Bitcoin (BTC-USD) mining companies.A new research note from Bernstein claims that Bitcoin mining companies have fallen behind recently. That’s despite the positive rallies for BTC and growing number of spot exchange-traded funds (ETFs).However, the Bitcoin halving is coming up later this week and that could be a positive catalyst for the companies, Riot Platforms included. This will r ...

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 -10.8%, 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 gained 0.4%. The key question now is: What could be the stock's future direction?A ...

Riot Platforms, Inc. (RIOT) closed the most recent trading day at $9.87, moving -1.3% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 0.84%.The company's stock has dropped by 13.94% in the past month, falling short of the Business Services sector's loss of 0.45% and the S&P 500's gain of 1.78%.Analysts and investors alike will be keeping a close eye on the performance of Riot Platforms, Inc ...

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 ...