Bitzero Holdings Inc. (NASDAQ:AIBZ – Get Free Report) shares dropped 15.7% on Thursday. The company traded as low as $2.34 and last traded at $2.47. 914,355 shares were traded during mid-day trading, an increase of 188% from the average session volume of 317,214 shares. The stock had previously closed at $2.93.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on Bitzero in a research note on Tuesday, October 6th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Check Out Our Latest Analysis on AIBZ
Bitzero Price Performance
Bitzero Company Profile
Bitzero is a digital asset infrastructure company focused on cryptocurrency mining and the development of data center facilities. Its business has been described as emphasizing energy-efficient operations, including the use of renewable power and the potential reuse of heat generated by mining and computing equipment.
The company has also pursued data center and digital infrastructure opportunities intended to support blockchain networks and other high-performance computing applications.
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