Core Scientific (NASDAQ:CORZZ) Stock Price Down 5.7% – Should You Sell?

Shares of Core Scientific, Inc. (NASDAQ:CORZZGet Free Report) traded down 5.7% on Thursday . The company traded as low as $14.88 and last traded at $15.36. 61,997 shares were traded during mid-day trading, an increase of 31% from the average session volume of 47,238 shares. The stock had previously closed at $16.28.

Core Scientific Price Performance

The firm has a 50-day simple moving average of $18.06 and a 200-day simple moving average of $14.54.

Core Scientific (NASDAQ:CORZZGet Free Report) last released its quarterly earnings results on Wednesday, August 17th. The company reported $0.18 EPS for the quarter. The business had revenue of $163.97 million for the quarter.

About Core Scientific

(Get Free Report)

Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Further Reading

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