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After Strong Run, Riot Platforms Stock Drops 10%: Time to Buy the Dip?
RIOTRiot Platforms(RIOT) ZACKS·2024-12-24 21:01

Riot Platforms, Inc. (RIOT) has seen its stock surge 45% in the past three months but decline 10% in the past month, indicating that the stock has entered a correction phase.This decline aligns with the performance of other cryptocurrency-centric stocks like Cipher Mining (CIFR) , which has declined 19% and Marathon Digital (MARA) , which has dropped 27% over the same period.Image Source: Zacks Investment ResearchGiven the recent weakness in RIOT shares, investors may be tempted to buy the stock. But is thi ...