Hut 8 Mining (HUT) Flat As Market Sinks: What You Should Know

Hut 8 Mining (HUT) Flat As Market Sinks: What You Should Know
This story originally appeared on Zacks

Hut 8 Mining (HUT) closed the most recent trading day at $6.61, making no change from the previous trading session. This change was narrower than the S&P 500’s 0.14% loss on the day. Elsewhere, the Dow lost 0.45%, while the tech-heavy Nasdaq lost 0.01%.

Hut 8 Mining (HUT) Flat As Market Sinks: What You Should Know – Zacks

Prior to today’s trading, shares of the crypto currency mining company had lost 24.72% over the past month. This has lagged the Business Services sector’s loss of 15.81% and the S&P 500’s loss of 0.13% in that time.

Investors will be hoping for strength from Hut 8 Mining as it approaches its next earnings release.

Investors might also notice recent changes to analyst estimates for Hut 8 Mining. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions…

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