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Stock impact report

Bit Digital, Inc. (BTBT) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
2 min read In the latest market close, Bit Digital, Inc. (BTBT) reached $3.06, with a -0.97% movement compared to the previous day. This change lagged the S&P 500's 0.67% gain on the day. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.98%. The company's shares have seen a decrease of 8.31% over the last month, not keeping up with the Business Services sector's gain of 9.93% and the S&P 500's gain of 2.07%. The investment community will be closely monitoring the performance of Bit Digital, Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of -$0.04, marking a 100% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $24.74 million, indicating a 54.12% increase compared to the same quarter of the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Bit Digital, Inc. These revisions Show less Read more
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