Riot Platforms, Inc. (RIOT) has seen its stock decline 19.7% year to date. This drop stands in stark contrast to the 21% rise in the industry it belongs to, as well as a 16.1% increase in the Zacks S&P 500 composite. When compared to other cryptocurrency-centric stocks, RIOT's performance is notably poorer. Cipher Mining (CIFR) has surged 64.1% and Marathon Digital (MARA) has gained 8.8% over the same period. Zacks Investment Research Image Source: Year-to-Date Price Performance Most cryptocurrency-centric ...

In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $9.16, marking a +0.22% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 1.02% for the day. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.18%. It's also important for investors to be aware of any recent modifications to analyst estimates for Riot Platforms, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) . Riot Platforms, Inc. currently has ...

Shares of the company have depreciated by 11.19% over the course of the past month, underperforming the Business Services sector's gain of 1.04% and the S&P 500's gain of 2.83%. It's also important for investors to be aware of any recent modifications to analyst estimates for Riot Platforms, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitabi ...

But today, Riot's stock trades at about $9.50. A $10,000 investment in its stock would have briefly blossomed to $95,232 before withering to about $11,600 today. The same investment in Bitcoin would have grown to $149,000. Let's see why Riot underperformed Bitcoin by such a wide margin -- and whether it still has a shot at generating millionaire-making gains in the future. | --- | --- | --- | --- | --- | |----------------------|---------------|----------------|----------------|----------------| | Metric | 2 ...

There's a lot of hope for these stocks, but there's also a fair amount of risk. Viking Therapeutics: 99% upside That optimism stems from the hopes analysts and investors have for VK2735, a glucagon-like peptide 1 (GLP1) treatment that has been demonstrating encouraging results in clinical trials. The potential for the drug to take market share in a $100 billion anti-obesity market has made Viking an attractive speculative investment with a lot of potential upside. If one or both of those treatments obtain a ...

Halving events put a ton of pressure on inefficient crypto miners. Many people and companies generating Bitcoin data blocks with low-power hardware or high electricity costs get forced out of business in each fouryear halving cycle. When these failed mining experts step out, the high-efficiency miners that remain will get their hands on a larger percentage of the total rewards. "When those higher-cost producers fall off, [mining] difficulty adjusts and then that widens the margin again as we're mining more ...

Bitcoins golden physical coin illustration on dark black background with reflection and vibrant ... [+] color light illumination. Visual representations of the digital Cryptocurrency Bitcoin. Amsterdam, the Netherlands on March 10, 2024 (Photo by Nicolas Economou/NurPhoto via Getty Images) NurPhoto via Getty Images Riot Platforms stock (NASDAQ NASDAQ : RIOT), a Bitcoin Bitcoin mining company, trades at $11 per share, about 86% below its peak level of $78 seen in January 2021. RIOT stock was trading at aroun ...

Riot Platforms faces a tough road ahead due to the recent Bitcoin halving event, but it is looking to get bigger and more efficient.Riot Platforms (RIOT -10.51%) is one of the top Bitcoin mining companies you can invest in today. Year to date, however, the stock has been struggling, and it's down 30%. But recently the company posted some impressive earnings numbers, even turning a healthy profit. Could Riot Platforms be an underrated stock to buy right now?The company posted record numbers in Q1On May 1, Ri ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) .Riot Platforms, Inc. currently has a ...