In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $12.24, marking a +1.75% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%.Shares of the company witnessed a gain of 25.97% over the previous month, beating the performance of the Business Services sector with its loss of 3.28% and the S&P 500's gain of 0.43%.Analysts and investors alike will ...

CASTLE ROCK, Colo., July 22, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its second quarter 2024 earnings conference call for Wednesday, July 31, 2024, at 4:30 P.M. EST. During the call, Riot will discuss the results for the quarter ended June 30, 2024.This conference call will be available through the audio webcast, please use this link here to register. Addition ...

Riot Platforms, Inc. (RIOT) has seen its stock decline 19.7% year to date. This drop stands in stark contrast to the 21% rise in the industry it belongs to, as well as a 16.1% increase in the Zacks S&P 500 composite.When compared to other cryptocurrency-centric stocks, RIOT's performance is notably poorer. Cipher Mining (CIFR) has surged 64.1% and Marathon Digital (MARA) has gained 8.8% over the same period.Year-to-Date Price PerformanceImage Source: Zacks Investment ResearchMost cryptocurrency-centric stoc ...

In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $9.16, marking a +0.22% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 1.02% for the day. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.18%.Shares of the company witnessed a loss of 8.51% over the previous month, trailing the performance of the Business Services sector with its gain of 0.23% and the S&P 500's gain of 4.44%.Market participants will be closely following ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) . Riot Platforms, Inc. currently has ...

In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $9.20, marking a -0.11% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.09% for the day. Meanwhile, the Dow experienced a drop of 0.1%, and the technology-dominated Nasdaq saw an increase of 0.16%.Shares of the company have depreciated by 11.19% over the course of the past month, underperforming the Business Services sector's gain of 1.04% and the S&P 500's gain of 2.83%.Investors will be eager ...

The pure-play Bitcoin miner still faces some long-term challenges.Riot Platforms (RIOT -3.56%) became one of the world's largest Bitcoin (BTC 0.15%) miners during the past few years, but it's generated disappointing returns for its long-term investors. Riot actually used to be Bioptix, a developer of veterinary products, before it abruptly abandoned that business model (and name) nearly seven years ago.On Oct. 4, 2017, Bioptix rebranded itself as Riot and declared it would become a Bitcoin miner. It subsequ ...

There's a lot of hope for these stocks, but there's also a fair amount of risk.The S&P 500 remains near record levels as the markets have been strong this year. Finding good stocks to buy in such a hot market can be challenging. But a couple of growth stocks with lots of potential, based on their price targets from Wall Street, are Viking Therapeutics (VKTX -0.15%) and Riot Platforms (RIOT -4.10%). Here's how high they could go, according to Wall Street, and whether these are slam-dunk buys for investors.Vi ...

Lower mining rewards, rising financial stakes -- can Riot Platforms shine after the Bitcoin halving? Let's find out.The Bitcoin (BTC -1.22%) halving event took place in April, as expected. Bitcoin miners now get half the rewards for the same amount of work. Are mining specialists like Riot Platforms (RIOT -4.10%) facing insurmountable economic challenges now, or are they poised to skyrocket on the back of a soaring Bitcoin price? Or does the truth lie somewhere in between?Let's take a closer look at Riot Pl ...

Bitcoins golden physical coin illustration on dark black background with reflection and vibrant ... [+] color light illumination. Visual representations of the digital Cryptocurrency Bitcoin. Amsterdam, the Netherlands on March 10, 2024 (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty ImagesRiot 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 ...