Marathon Digital Stock is Consolidating: Right Time to Enter?
Marathon(MARA) ZACKS·2024-12-19 21:00
Marathon Digital Holdings, Inc. (MARA) stock is in a consolidation phase. It has declined 8% year to date but has gained 5% over the past six months. The stock has climbed 39% in the last three months, while it has dipped 8% in the past month.Over the past three months, MARA has underperformed its competitors in the bitcoin-mining space. Riot Platforms, Inc. (RIOT) has gained 61% and HuT 8 Corp. (HUT) has rallied 127% over the same period.Let’s analyze how MARA is doing to determine whether its current leve ...