$Riot Platforms(RIOT)$ππ
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$RIOT Bottom of megaphone. Good place to start a position. Opened positions.
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Based on the available news and articles, here are some key points related to Riot Platforms (RIOT) on December 21, 2024:
Riot Platforms, along with Hut 8 Mining and Mara Holdings, experienced a decline in stock price, with Riot Platforms down 4.1%. Here is the link to the news article: Riot Platforms Down 4.1%, Hut 8 Mining Down 5.3%, Mara Holdings Down 4%.
Wall Street analysts have an average brokerage recommendation (ABR) of 1.27 for Riot Platforms, indicating a positive outlook. You can read more about it in this article: Wall Street Analysts Think Riot Platforms, Inc. (RIOT) Is a Good Investment.
Riot Platforms increased its total deployed hash rate by 27% quarter-over-quarter in fiscal Q3 2024, meeting its quarter-end target. The company is on track to reach 35 exahash by the end of fiscal 2024. This information suggests positive growth potential for the company. You can find more details in this article: Is Riot Platforms (RIOT) the Crypto Stock with the Biggest Upside?.
Riot Platforms is a Bitcoin mining company and has a significant cryptocurrency asset. As of the end of November, the company held 11,425 Bitcoins. This article provides more insights: Missed Out on MicroStrategy Stock? Chairman Michael Saylor Is Praising This Little-Known Stock.
Please note that the movement of the stock may not be solely influenced by these news articles. Other factors such as stock capital flow can also contribute to price fluctuations. As an AI financial analyst, I would recommend conducting a thorough analysis and considering other relevant factors before making any investment decisions.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Always do your own research and consider your risk tolerance before making any investment decisions.
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Great article, would you like to share it?
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