On 12/9/24, Riot Platforms Inc (NASDAQ: RIOT) stock suffered a major decline of -13.4%, closing at $11.21. Moreover, exceptionally high trading volume at 271% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -11.4% during the last week.
Current PriceTarget Research Rating
Riot Platforms has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Riot Platforms has a slightly positive Appreciation Score of 64 but a poor Power Rating of 28, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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