Hut 8 Corp. (TSE:HUT – Get Free Report)’s share price traded down 4.6% during trading on Tuesday . The stock traded as low as C$15.54 and last traded at C$15.57. 49,676 shares changed hands during trading, a decline of 96% from the average session volume of 1,392,273 shares. The stock had previously closed at C$16.32.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Craig Hallum raised Hut 8 from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 16th. HC Wainwright upgraded shares of Hut 8 from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, August 14th.
View Our Latest Report on Hut 8
Hut 8 Trading Down 6.6 %
Hut 8 Company Profile
Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.
Read More
- Five stocks we like better than Hut 8
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Brinker International Offers a Pullback Opportunity on EPS Miss
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Globant Is an Emerging AI Play That’s Expanding Its Footprint
- Stock Sentiment Analysis: How it Works
- 3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond
Receive News & Ratings for Hut 8 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hut 8 and related companies with MarketBeat.com's FREE daily email newsletter.