Shares of Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) fell 6% during trading on Thursday . The company traded as low as $5.24 and last traded at $5.50. 3,763 shares were traded during mid-day trading, a decline of 47% from the average session volume of 7,130 shares. The stock had previously closed at $5.85.
Soluna Price Performance
The business has a 50-day moving average price of $6.06 and a 200-day moving average price of $4.01.
About Soluna
Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.
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