BitMine Immersion Technologies Inc. (BMNR) surged 5.02% during Monday's intraday session, outperforming the broader market. The stock's rally followed positive sentiment from Wall Street.
The surge was driven by Cantor Fitzgerald initiating coverage on BMNR with an "Overweight" rating, signaling confidence in the company's growth prospects. Analyst upgrades often attract investor attention and buying activity, contributing to the stock's upward momentum.
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