17-May-2024
Robinhood posts biggest weekly gain among financial stocks; Burford retreats
Seeking Alpha News (Sat, 18-May 10:28 AM ET)
Bitcoin climbs as soft CPI, retail sales reports bolster rate-cut optimism
Seeking Alpha News (Wed, 15-May 10:18 AM ET)
$100 Invested In Riot Platforms 5 Years Ago Would Be Worth This Much Today
Benzinga (Tue, 14-May 12:00 PM ET)
Bitcoin drifts higher as traders await U.S. inflation data
Seeking Alpha News (Mon, 13-May 11:23 AM ET)
Riot Announces April 2024 Production and Operations Updates
Globe Newswire (Mon, 6-May 9:00 AM ET)
Globe Newswire (Wed, 1-May 8:00 AM ET)
Riot Announces First Quarter 2024 Earnings Conference Call
Globe Newswire (Wed, 24-Apr 4:45 PM ET)
3 Reasons Why this RIOT Credit Put Spread is a Good Opportunity for $0.81
Market Chameleon (Tue, 23-Apr 11:16 AM ET)
RIOT Underpriced Bull Call Spread has 2% Downside Cushion
Market Chameleon (Mon, 22-Apr 2:00 PM ET)
Riot Energizes New Corsicana Facility in Navarro County, Texas
Globe Newswire (Thu, 18-Apr 9:00 AM ET)
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.
Riot Platforms trades on the NASDAQ stock market under the symbol RIOT.
As of May 17, 2024, RIOT stock price climbed to $10.06 with 14,366,298 million shares trading.
RIOT has a beta of 2.26, meaning it tends to be more sensitive to market movements. RIOT has a correlation of 0.09 to the broad based SPY ETF.
RIOT has a market cap of $2.91 billion. This is considered a Mid Cap stock.
Last quarter Riot Platforms reported $79 million in Revenue and $.81 earnings per share. This fell short of revenue expectation by $-16 million and exceeded earnings estimates by $.95.
In the last 3 years, RIOT stock traded as high as $46.28 and as low as $3.25.
The top ETF exchange traded funds that RIOT belongs to (by Net Assets): VTI, VB, IWM, VGT, VXF.
RIOT has underperformed the market in the last year with a price return of -12.7% while the SPY ETF gained +29.1%. RIOT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -38.8% and -3.5%, respectively, while the SPY returned +6.3% and +3.6%, respectively.
RIOT support price is $9.39 and resistance is $10.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RIOT stock will trade within this expected range on the day.