Movement Alert｜TeraWulf Inc. Falls 5.02% in Regular Trading, Institutional Optimism and Kentucky Power Approval Remain in Focus

Market Focus10-22

On October 22, TeraWulf Inc. fell 5.02% in Regular Trading, trading at $12.105 per share, with turnover of $91.4642 million.

The recent news backdrop remained centered on multiple favorable analyst initiations and the company’s previously disclosed approval for up to 482 megawatts of electric service at its Kentucky data campus, developments that have continued to support market expectations for its transition toward HPC and AI data center hosting.

Recent published analyst views included a Buy rating with a $24 price target from UBS, an Outperform rating with a $31 price target from William Blair, and an Overweight rating maintained by Morgan Stanley. Separately, the Kentucky Public Service Commission approved a retail electric service agreement supporting up to 482 megawatts for the Hancock County project, strengthening the company’s infrastructure base, although the stock still moved lower during the session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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