Marathon Digital Holdings Inc MARA shares are trading lower by 6.3% to $8.60 Wednesday afternoon. The stock is trading lower ahead of the company's third-quarter earnings report, confirmed for Wednesday's after-hours session. According to analyst consensus estimates, MARA is expected to report an EPS loss of 11 cents on revenue of $99.7 million.
Marathon shares may also be falling Wednesday in sympathy with peer Bitcoin miner Riot Platforms after the company reported worse-than-expected third-quarter financial results.
See Also: Marathon Digital Holdings Continues International Expansion
Cryptocurrency-related stocks are known for their high volatility. Negative news or events in the industry, such as a selloff in RIOT stock, can lead to significant price swings.
Investors might become more risk-averse and sell off related stocks, such as Marathon Digital Holdings, to limit their exposure to the sector's volatility.
According to data from Benzinga Pro, MARA has a 52-week high of $19.88 and a 52-week low of $3.11.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
