Shares of Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) dropped 11.2% on Wednesday . The stock traded as low as $8.08 and last traded at $8.08. Approximately 7,443 shares changed hands during trading, a decline of 41% from the average daily volume of 12,686 shares. The stock had previously closed at $9.10.
Soluna Stock Down 11.2 %
The stock has a fifty day moving average of $10.51 and a 200-day moving average of $7.17.
Soluna Company Profile
Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.
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