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What's Going On With Marathon Digital Holdings Stock?

Published 25/09/2023, 15:30
© Reuters.  What's Going On With Marathon Digital Holdings Stock?
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Benzinga - by Erica Kollmann, Benzinga Staff Writer.

Marathon Digital Holdings, Inc. (NASDAQ: MARA) shares are trading lower Monday, and the stock is down more than 20% over the last month. Here's a look at what's going on.

What To Know:

Shares of MARA and other crypto-related stocks are falling as Bitcoin (CRYPTO: BTC) continues to retreat, and Marathon Digital shares are down more than 12% over the last five days.

Marathon Digital shares have grabbed the attention of retail investors and short-sellers alike. MARA is one of the top trending tickers on Yahoo! Finance and 29.44% of available shares are being sold short, according to data from Benzinga Pro.

Related News: What's Going On With Lucid Motors Stock?

MARA Price Action: According to Benzinga Pro, Marathon Digital Holdings shares are down 1.6% at $8.53 at the time of publication.

Image: Pete Linforth from Pixabay

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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