Riot Platforms (RIOT) Dips 46% YTD: How Should You Play the Stock?

Riot Platforms, Inc. (RIOT) has seen its stock decline 46% year to date. This drop starkly contrasts the 20% growth of the industry it belongs to and the 18% increase in the Zacks S&P 500 composite. This decline aligns with the performance of other cryptocurrency-centric stocks like Cipher Mining (CIFR) , which has declined 2% and Marathon Digital (MARA) , which has dropped 25% over the same period. Image Source: Zacks Investment Research Year-to-Date Price Performance Most cryptocurrency-centric stocks ten ...