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Hut 8 (HUT) Soars 17.9%: Is Further Upside Left in the Stock?
HUTHut 8 Mining p(HUT) ZACKS·2024-07-16 17:10

Hut 8 (HUT) shares ended the last trading session 17.9% higher at 20.Thejumpcameonanimpressivevolumewithahigher−than−averagenumberofshareschanginghandsinthesession.Thiscomparestothestock′s50.420. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 50.4% gain over the past four weeks. This crypto currency mining company is expected to post quarterly loss of 0.09 per share in its upcoming report, which represents a year-over-year change of +70%. Revenues are expected to be $43.5 million, up 204.6% from the year-ago quarter. The stock currentl ...