Stronghold Digital Mining Inc SDIG shares are buying and selling decrease by 24.43% to $2.41 throughout Wednesday’s buying and selling session after the corporate reported worse-than-expected second-quarter gross sales outcomes.
What Occurred?
Stronghold Digital Mining reported quarterly losses of 82 cents per share. The corporate reported additionally quarterly gross sales of $29.18 million which missed the analyst consensus estimate of $34.86 million by 16%.
Additionally, B. Riley Securities analyst Lucas Pipes maintained Stronghold Digital Mining with a Purchase and lowered the value goal from $5 to $4.
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In response to information from Benzinga Pro, Stronghold Digital Mining has a 52-week excessive of $3.64 and a 52-week low of $0.55.
