Articles for tag: Bitcoin, cryptocurrency mining, investor sentiment, Nasdaq, Riot Platforms, Starboard Value, Stock Market

December 13, 2024

Riot Platforms Stock Surges Nearly 5%: Key Factors Behind Thursday’s Rally

Riot Platforms, a cryptocurrency miner listed on NASDAQ, saw its stock rise nearly 5% after news broke that Starboard Value, a well-known investor, had acquired a significant stake in the company. This increase stood out compared to the S&P 500’s decline of 0.5% on the same day. Reports indicated that Starboard plans to push for ...

December 13, 2024

Market News

Crypto

Riot Platforms Shares Surge: Key Insights Behind Thursday’s Rise in NASDAQ:RIOT Stock Performance

Riot Platforms, Inc. shares rose 9.15% following a report that activist investor Starboard Value has acquired a stake in the bitcoin mining company. Starboard is urging Riot to shift part of its bitcoin mining operations to data centers that could support big tech companies like Amazon and Google. Riot’s management has welcomed Starboard’s input and ...