One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Here’s why shares of Palantir, Marathon Patent, Twitter and Plug Power are moving.
Palantir Stock News
downgraded the stock from Neutral to Sell and set a $15 price target.
Marathon Patent Group News
Marathon Patent Group Inc (NASDAQ:MARA) shares are trading lower after the company announced a 12.5 million share registered direct offering of common stock priced at $20 per share.
84 Biggest Movers From Yesterday Benzinga 1/12/2021
Gainers
Zomedica Corp. (NYSE: ZOM) shares surged 92.2% to close at $0.93 on Monday after surging 21% on Friday. The company, last week, appointed Robert Cohen as Chief Executive Officer.
GeoVax Labs, Inc. (NASDAQ: GOVX) shares gained 62.4% to close at $5.36 after the company was awarded NIH grant to advance COVID-19 vaccine development.
Avinger, Inc. (NASDAQ: AVGR) jumped 61.9% to close at $1.45 after climbing around 38% on Friday. The company on Dec. 30 was granted a European patent titled Oct imaging catheter with lag correction.
TransEnterix, Inc. (NYSE: TRXC) rose 43.1% to close at $1.66 after jumping around 29% on Friday. TransEnterix, last week, said it sees preliminary Q4 sales of $1.1 million.
Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build .
Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.We surveyed a group of over 500 Benzinga investors on whether shares of Marathon Patent Group Inc (NASDAQ: MARA) or Riot Blockchain Inc (NASDAQ: RIOT) stock would grow the most by 2022.Marathon Patent Vs. Riot Blockchain Marathon is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem. The company operates a proprietary data center in Hardin, Montana, with a maximum power capacity of 105 megawatts. Once fully deployed, Marathon will have 103,000 Bitmain S19 Pro Antminers in operation at this facility. The company also owns 2,060 advanced ASIC Bitcoin miners at a co-hosted facility in North Dakota. Our team reported the road to zero for the company was halted in March at $0.35 and had rallied to as high $5.25 in August, but fell back to end October at $2.16