Why Riot Platforms Stock Blasted Nearly 5% Higher on Thursday
Riot Platforms(RIOT) The Motley Fool·2024-12-12 23:28News of a prominent investor's entry into Riot Platforms (RIOT 4.76%) juiced the cryptocurrency miner and investor's stock on Thursday. Eager investors piled into its shares, sending their value almost 5% higher on the day. That made the stock something of an outlier, as its leap well into positive territory contrasted with the S&P 500 index's 0.5% decline that session.An activist apparently buys inThat morning, The Wall Street Journal reported that Starboard Value, a veteran corporate gadfly, had purchased ...