ATLAS News · Economy
Traders Union reports MARA fell after lower revenue and large Bitcoin sales, while Quiver Quantitative notes a new Macquarie analyst target of $20.
Traders Union reports that Marathon Digital (MARA) shares declined after the company posted lower revenue and sold a significant amount of Bitcoin. The outlet says investors are watching key technical support levels.
Quiver Quantitative reports that Paul Golding of Macquarie set a new price target of $20 on MARA. The available excerpt does not include further details of the forecast.
Separately, Reuters reports that Fed official Collins said gradual rate hikes are the best way to manage economic risks. The Reuters headline does not link the comment to MARA directly.
Bitcoin miners such as Marathon Digital earn revenue from mining Bitcoin and can sell part of their holdings, so results are often tied to the crypto market and to broader financial conditions.
Revenue results, Bitcoin sales, analyst views and interest rate signals can all shape how investors assess crypto-linked companies such as MARA.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
Financial Services · NASDAQ
live price · USD
Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.
Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.
S&P 500 (SPY): 754.37 (−0.36%) · November 13
Nasdaq-100 (QQQ): 679.89 (−1.20%) · November 13
Dow Jones (DIA): 523.15 (+0.13%) · November 13
ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.
Fair value, probabilities and earnings for every stock. Free account, no card. Information, not advice.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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