TeraWulf Jumps 90% Year to Date: Buy, Sell, or Hold the Stock?

Key Takeaways TeraWulf reported Q2 revenues of $47.6M, up 38% sequentially and 34% year over year.WULF struck a $6.7B, 10-year deal with Fluidstack, backed by Alphabet's credit support.Shares trade above 50- and 200-day SMAs, but valuation is stretched with widening losses.TeraWulf (WULF) shares have appreciated 90.1% year to date (YTD), underperforming the Zacks Financial- Miscellaneous Services industry and the Zacks Finance sector’s return of 5.2% and 13.4%, respectively. This vertically integrated owner ...