Wednesday, February 17, 2021 10:06:30 PM
GM Bet $CNET Looks like it really taking off
ZW Data Action Technologies shares are trading higher. Strength appears related to Bitcoin momentum, which has lifted crypto-related stocks as well as Tuesday news of the company raising $17.1M through a registered direct offering.
Why Sos, ZW Data Action, Airnet, Canaan, Riot Blockchain, Marathon Patent Stocks Are Surging Today
4:32 am ET February 17, 2021 (Benzinga) Print
Stocks of several cryptocurrency-focused companies are extending gains over the previous day in early pre-market session at press-time on Wednesday.
The surge comes in tandem with the cryptocurrency market overnight, with Bitcoin (BTC) hitting a new all-time high of $51,335.23.
ZW Data Action Technologies Inc NASDAQ: $CNET shares are trading 60.23% higher at $5.56 at press time. The Beijing-based company announced a partnership with BitSpace to build a joint blockchain mining platform earlier this month.
See also: Best Cryptocurrency Brokers
Airnet Technology Inc NASDAQ: $ANTE shares are trading nearly 56% higher at $7.72 In January, the Chinese digital media services provider announced giving Unistar Group Holdings Ltd a 19% stake in exchange for the delivery of 500 computer servers designed especially to mine cryptocurrencies.
Sos Ltd. NYSE: $SOS, another China-based company that has posted stellar gains this year as a cryptocurrency play, continues to extend gains, up 30% in the pre-market session at $15.40.
Canaan Inc NASDAQ: $CAN, a veteran China-based Bitcoin mining equipment manufacturer, is up 18.64% at $23.30 in line with the Bitcoin momentum. The Bitmain rival raised $90 million in its U.S. IPO in late 2019 after attempting to unsuccessfully go public in both China and Hong Kong.
Riot Blockchain Inc NASDAQ: $RIOT traded 17.8% higher at $70.10 at press time. Riot is based in Colorado and is primarily focused on Bitcoin mining.
Marathon Patent Group Inc. NASDAQ: $MARA is up 12.9% at $49.17. Marathon is a Uniloc subsidiary based in Nevada and is also focused on Bitcoin mining.
ZW Data Action Technologies shares are trading higher. Strength appears related to Bitcoin momentum, which has lifted crypto-related stocks as well as Tuesday news of the company raising $17.1M through a registered direct offering.
Why Sos, ZW Data Action, Airnet, Canaan, Riot Blockchain, Marathon Patent Stocks Are Surging Today
4:32 am ET February 17, 2021 (Benzinga) Print
Stocks of several cryptocurrency-focused companies are extending gains over the previous day in early pre-market session at press-time on Wednesday.
The surge comes in tandem with the cryptocurrency market overnight, with Bitcoin (BTC) hitting a new all-time high of $51,335.23.
ZW Data Action Technologies Inc NASDAQ: $CNET shares are trading 60.23% higher at $5.56 at press time. The Beijing-based company announced a partnership with BitSpace to build a joint blockchain mining platform earlier this month.
See also: Best Cryptocurrency Brokers
Airnet Technology Inc NASDAQ: $ANTE shares are trading nearly 56% higher at $7.72 In January, the Chinese digital media services provider announced giving Unistar Group Holdings Ltd a 19% stake in exchange for the delivery of 500 computer servers designed especially to mine cryptocurrencies.
Sos Ltd. NYSE: $SOS, another China-based company that has posted stellar gains this year as a cryptocurrency play, continues to extend gains, up 30% in the pre-market session at $15.40.
Canaan Inc NASDAQ: $CAN, a veteran China-based Bitcoin mining equipment manufacturer, is up 18.64% at $23.30 in line with the Bitcoin momentum. The Bitmain rival raised $90 million in its U.S. IPO in late 2019 after attempting to unsuccessfully go public in both China and Hong Kong.
Riot Blockchain Inc NASDAQ: $RIOT traded 17.8% higher at $70.10 at press time. Riot is based in Colorado and is primarily focused on Bitcoin mining.
Marathon Patent Group Inc. NASDAQ: $MARA is up 12.9% at $49.17. Marathon is a Uniloc subsidiary based in Nevada and is also focused on Bitcoin mining.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
