Alert: Major Price Decline (12/11/23)-Marathon Digital Holdings Inc (NASDAQ: MARA).


Marathon Digital Holdings Inc (NASDAQ: MARA) stock suffered a major decline of -12.7% on 12/11/23. The shares closed at $14.65. Moreover, this decline was accompanied by above average trading volume at 140% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.9% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MARA is expected to be Value Creation neutral.

Marathon Digital Holdings has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Digital Holdings has a very low Appreciation Score of 13 but a good Power Rating of 71, triggering the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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