Kerrisdale Capital Slams Riot Platforms (RIOT) Stock in New Short Seller Report
Riot Platforms (NASDAQ: RIOT ) stock is taking a tumble after Kerrisdale Capital published a short report on the company while simultaneously launching a “war” against Bitcoin ( BTC-USD ) miners. Kerrisdale disclosed a short position in RIOT while using a long position in Bitcoin as a hedge.
France's Macron visits riot-torn New Caledonia, says priority is return to calm
President Emmanuel Macron on Thursday met with local officials in riot-hit New Caledonia, having crossed the globe by plane in a high-profile show of support for the French Pacific archipelago gripped by deadly unrest and where Indigenous people have long sought independence from France.
Riot Platforms, Inc. (RIOT) is Attracting Investor Attention: Here is What You Should Know
Riot Platforms, Inc. (RIOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Should You Pick Riot Platforms Stock After An 18% Rise In A Week?
Riot Platforms stock (NASDAQ NASDAQ : RIOT), a Bitcoin Bitcoin mining company, trades at $11 per share, about 86% below its peak level of $78 seen in January 2021. RIOT stock was trading at around $4 in early June 2022, just before the Fed started increasing rates, and is now 160% above that level, compared to a 40% gain for the S&P 500 during this period.
