Core Scientific (NASDAQ:CORZZ) Stock Price Up 9.5% – Still a Buy?

Core Scientific, Inc. (NASDAQ:CORZZGet Free Report) shares were up 9.5% during mid-day trading on Monday . The stock traded as high as $9.37 and last traded at $9.25. Approximately 15,694 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 267,026 shares. The stock had previously closed at $8.45.

Core Scientific Trading Down 15.2 %

The stock’s 50-day simple moving average is $11.26 and its 200-day simple moving average is $13.14.

Core Scientific Company Profile

(Get Free Report)

Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

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