Why Riot Platforms Stock Zoomed Higher Today

Riot Platforms (NASDAQ: RIOT) stock closed Wednesday almost 6% higher in value, and, somewhat atypically, this wasn't due to the price movement of its favored asset, Bitcoin. Rather, investors were encouraged by the latest action of a high-profile shareholder in the crypto mining company. The company is a laggard, says activist Before market open, that shareholder -- activist investor Starboard Value -- sent a missive to Riot's CEO, Jason Les, and its chairman of the board of directors, Benjamin Yi. With ...