Core Scientific (NASDAQ:CORZZ) Stock Price Down 1.7% – Time to Sell?

Core Scientific, Inc. (NASDAQ:CORZZ)’s stock price was down 1.7% during mid-day trading on Monday . The company traded as low as $14.82 and last traded at $14.9550. Approximately 4,615 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 43,753 shares. The stock had previously closed at $15.22.

Core Scientific Trading Down 1.7%

The company has a fifty day simple moving average of $17.19 and a two-hundred day simple moving average of $15.81.

Core Scientific (NASDAQ:CORZZ) last released its quarterly earnings results on Wednesday, August 17th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $163.97 million for the quarter.

About Core Scientific

Core Scientific (NASDAQ: CORZ) is a leading provider of blockchain infrastructure and digital asset mining in North America. The company specializes in the design, development and operation of large-scale data centers optimized for proof-of-work blockchain consensus. Core Scientific’s primary offerings include self-mining of Bitcoin and colocation services that enable institutional and enterprise clients to deploy, scale and maintain their own digital asset mining hardware.

Operating facilities across multiple U.S.