Mara Holdings Post-Election Rally Slowed By Wider Than Expected Q3 Loss
Marathon(MARA) Investopedia·2024-11-13 23:55
Key TakeawaysMara Holdings, parent company of Bitcoin miner Marathon Digital, reported third-quarter results that missed estimates after the bell Tuesday.Mara Holdings reported a net loss nearly $50 million larger than analysts had expected.Shares fell in early trading Wednesday, reversing the stock's post-election rally. Mara Holdings (MARA) stock's post-election rally slowed Wednesday after the Bitcoin (BTCUSD) mining company's third-quarter results missed estimates. The company reported $131.6 million in ...