Core Scientific, Inc. (NASDAQ:CORZW – Get Free Report)’s share price shot up 11.6% during trading on Tuesday. The stock traded as high as $7.61 and last traded at $7.59. Approximately 51,487 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 221,893 shares. The stock had previously closed at $6.80.
Core Scientific Stock Performance
The company has a 50-day moving average of $9.69 and a two-hundred day moving average of $13.03.
About Core Scientific
Core Scientific, Inc is a digital infrastructure company that develops and operates data centers designed for high-performance computing workloads. Its primary activities include self-mining bitcoin and providing hosting services to other digital asset mining companies, which use the company’s facilities, power capacity and operational infrastructure to run specialized computing equipment.
The company is also expanding into infrastructure for artificial intelligence and other high-performance computing applications.
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