Here's Why Cipher Mining Inc. (CIFR) Fell More Than Broader Market

Cipher Mining Inc. (CIFR) closed the most recent trading day at $14.25, moving -12.36% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq lost 1.51%. Coming into today, shares of the company had lost 7.3% in the past month. In that same time, the Business Services sector lost 4.68%, while the S&P 500 gained 0.93%. The investment community will be paying close attention to the earnings performan ...