Riot Platforms, Inc. (RIOT) Moves 16.0% Higher: Will This Strength Last?

Riot Platforms, Inc. (RIOT) shares soared 16% in the last trading session to close at $11.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.7% loss over the past four weeks.The stock recorded a price hike in response to the increase in the price of Bitcoin, following the ‘halving’ and the launch of Runes. This company is expected to post quarterly loss of $0.21 per share in its upcoming report, which represents a year-over-ye ...