Reported 29 days ago
Riot Platforms, Inc. (NASDAQ:RIOT) faced a sharp downturn, marking its sixth consecutive day of losses with a 17.75% drop to $11.03 per share, following underwhelming first-half earnings. Despite a second-quarter net income of $219 million reversing last year's losses, the company reported a net loss of $76.9 million overall. The performance was compounded by a decline in Bitcoin prices after the announcement of new tariffs on US imports.
Source: YAHOO