Since its most recent selloff in early June, Bitcoin (BTC) has rebounded, and since July 7, 2024, the leader of crypto is up nearly 22%.
With only four months before the presidential election, President Joe Biden has dropped out, endorsing Vice President Kamala Harris for president. However, with the odds favoring a second term for Donald Trump, it's time to buy Trump victory stocks.
Given the recent surge in Marathon Digital (MARA) shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity at this time.
Marathon Digital (MARA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Marathon was a micro-cap stock on the brink of financial ruin five years ago. Switching the business plan to energy management and Bitcoin mining saved the company's proverbial bacon.
The latest trading day saw Marathon Digital Holdings, Inc. (MARA) settling at $18.89, representing a -0.74% change from its previous close.
Back in 2021, growth stocks had skyrocketed. One reason for the rally was easy money policies and as interest rates increased, growth readjustments translated into correction for some of the best growth stocks.
Bitcoin mining stocks are under intense pressure as the BTC price continues its remarkable collapse. Marathon Digital (MARA) stock price dropped by more than 2.7% on Monday while Riot Platforms (RIOT) crashed by over 3.56%.
In the closing of the recent trading day, Marathon Digital Holdings, Inc. (MARA) stood at $20.66, denoting a +1.87% change from the preceding trading day.
Marathon Digital (MARA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Zacks.com users have recently been watching Marathon Digital (MARA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Marathon Digital Holdings ( MARA ) is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. I recently told my investor group to buy MARA under $20 before the infamous "Bitcoin Halving" on April 20 because I believed that all the pessimism had been discounted since the stock had just fallen nearly 50%.