TeraWulf (WULF) Moves 18.5% Higher: Will This Strength Last? [Yahoo! Finance]
TeraWulf Inc. (WULF)
Company Research
Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.4% gain over the past four weeks. Shares of TeraWulf rallied for the second consecutive trading session. The surge in the company's shares seems to be driven by investor optimism about Bitcoin's trajectory. Several favorable factors including easing monetary policy across the globe, growing support for cryptocurrency-friendly policies in the upcoming U.S. presidential poll, and general weakness in traditional safe-haven assets are expected to drive Bitcoin prices higher. Hence, the shares of this energy infrastructure firm which supports Bitcoin mining and AI/HPC applications drove higher. This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +66.7%. Revenues are expected to be $33.37 million, up 76% from the year-ago quarter. While earnings and revenue growth expectation
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WULF
News
- TeraWulf Announces Promotion of Sean Farrell to Chief Operating OfficerGlobeNewswire
- TeraWulf Inc. (NASDAQ:WULF) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]Yahoo! Finance
- TeraWulf Inc. (NASDAQ: WULF) had its price target raised by analysts at Needham & Company LLC from $6.00 to $9.50. They now have a "buy" rating on the stock.MarketBeat
- TeraWulf Inc (WULF) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Challenges [Yahoo! Finance]Yahoo! Finance
- TeraWulf Reports Third Quarter 2024 Financial ResultsGlobeNewswire
WULF
Earnings
- 11/12/24 - Miss
WULF
Sec Filings
- 11/21/24 - Form 8-K
- 11/12/24 - Form SC
- 11/12/24 - Form 10-Q
- WULF's page on the SEC website