Hut 8 snapped an eight-day winning streak on Thursday, shedding 7.44 percent to finish at $25.61 apiece, dragged by the drop in share prices of its subsidiary, American Bitcoin, during its debut on the...
Bitcoin has been hitting fresh records this year, currently trading over $118,000. It hiked over $120,000 for the first time on July 14, marking the latest milestone for the cryptocurrency.
“But what they’re really interested in are stocks that don’t get coverage, even if they trade millions and millions of shares every day. Look at the volumes of these things.
However, in cases where there is no analyst attention at all, there are no earnings forecasts to meet or disappoint, and as Cramer put it, “Your stock can fly up on gossamer wings with no analyst… ...