Marathon Digital Holdings Inc (MARA)

[Mother Lode]

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet
BENZINGA

10:28 AM ET 06/23/2023

Investors are on the hunt for undervalued, underfollowed and emerging stocks, and retail traders have countless methods at their disposal to uncover new information.

For some, this may be overwhelming.

Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks each week that are just under the surface and warrant attention.

The index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors and casual readers should watch them.

Here is a look at the Benzinga Stock Whisper Index for the week of June 23, 2023.

Marathon Digital Holdings Inc (NASDAQ:MARA): The cryptocurrency mining company saw shares jump this week, likely related to a surge in the price for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Bitcoin crossed the $30,000 mark for the first time in months.

The stock saw increased interest from Benzinga readers as it is often linked to the cryptocurrency sector. Shares of Marathon Digital are up 28% in the last month and up over 200% year-to-date. Marathon also has a reported 26% of its float short, which could make the stock a short squeeze target for investors.

Check out the most recent reports here: