Stock Market Today, Feb. 9: TeraWulf Jumps After Morgan Stanley Initiates Coverage With Bullish AI View

TeraWulf (NASDAQ:WULF), an environmentally focused bitcoin miner and AI infrastructure operator, closed Monday at $16.65, up 16.52% The stock rose after Morgan Stanley initiated coverage with an Overweight rating and a $37 target, citing TeraWulf’s strong position as an AI-focused data center and its potential for infrastructure growth. The company’s trading volume reached 64.4 million shares, which is roughly 94% above compared with its three-month average of 33.3 million shares. TeraWulf went public in ...