Core Scientific (NASDAQ:CORZW – Get Free Report) is expected to be releasing its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of ($0.0456) per share and revenue of $196.36 million for the quarter.
Core Scientific Stock Up 18.0%
Shares of NASDAQ CORZW traded up $1.03 during trading hours on Tuesday, reaching $6.79. The stock had a trading volume of 418,846 shares, compared to its average volume of 220,425. The firm has a 50-day moving average of $9.39 and a 200-day moving average of $12.97. Core Scientific has a fifty-two week low of $5.55 and a fifty-two week high of $23.65.
About Core Scientific
Core Scientific, Inc is a digital infrastructure company that develops and operates data centers designed for high-performance computing workloads. Its primary activities include self-mining bitcoin and providing hosting services to other digital asset mining companies, which use the company’s facilities, power capacity and operational infrastructure to run specialized computing equipment.
The company is also expanding into infrastructure for artificial intelligence and other high-performance computing applications.
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