TLDR
- MARA stock closed at $15.27, up 1.94% in the latest trading session, outperforming the S&P 500’s 0.8% gain
- The stock has rallied 10.19% over the past week and 12.88% over the past month
- Despite recent gains, MARA remains down 23.23% over the past year and 32.15% over six months
- Analysts expect the company to report earnings of -$0.41 per share, marking a 70.83% year-over-year decline
- Revenue projections show growth of 49.92% to $217.59 million for the upcoming quarter
Marathon Digital Holdings stock extended its recent winning streak with another positive trading session. The Bitcoin mining company closed at $15.27, representing a 1.94% gain from the previous day’s close.
The daily performance put MARA ahead of major market indices. The S&P 500 gained 0.8% for the day, while the Dow Jones added 0.94% and the Nasdaq climbed 0.97%.
This latest move continues a strong week for the volatile stock. MARA has delivered a 10.19% return over the past five trading days.
The weekly rally extends to monthly performance as well. The stock has surged 12.88% over the past month.
However, the recent gains tell only part of the story. MARA’s longer-term performance paints a different picture entirely.
Over the past year, the stock remains down 23.23%. The six-month chart shows an even steeper decline of 32.15%.
Year-to-date performance also remains negative at 8.73%. These numbers highlight the boom-and-bust nature that has defined MARA’s trading pattern.
Earnings Expectations Paint Mixed Picture
Wall Street analysts are preparing for Marathon Digital’s upcoming earnings report. The consensus estimate calls for a loss of $0.41 per