Alert: Major Price Decline (12/18/24)-Riot Platforms Inc (NASDAQ: RIOT).

out_logo_500#37311.jpg

On 12/18/24, Riot Platforms Inc (NASDAQ: RIOT) stock suffered a major decline of -14.5%, closing at $11.95. Moreover, above average trading volume at 122% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 7.7% during the last week.

out_mm#37311.jpg

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 63 but a slightly negative Power Rating of 35, 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*