Core Scientific, Inc. (CORZ) Surges 5.3%: Is This an Indication of Further Gains?

Core Scientific, Inc. (CORZ) shares soared 5.3% in the last trading session to close at $8.42. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.6% loss over the past four weeks.Core Scientific is benefiting from securing long-term high-performance computing (HPC) contracts, expanding its infrastructure capacity, and diversifying its customer base, which positions it for strong growth and higher profit margins in the future.This ...