Is WhiteFiber (WYFI) One of the New Stocks on the Rise?

WhiteFiber Inc. (NASDAQ:WYFI) is one of the new stocks on the rise. Earlier on December 24, B. Riley lowered its price target on WhiteFiber to $40 from $44. This sentiment was posted based on model changes while maintaining a Buy rating. B. Riley noted that the company’s December 18 announcement of a 10-year co-location agreement with UK-based Nscale at its NC-1 campus. This initial agreement for 40 MW of critical IT load is expected to generate $865 million in total revenue, or approximately $2 million ...