Marathon Patent Group Inc (NASDAQ:MARA) dropped 7.9% during mid-day trading on Thursday . The company traded as low as $0.57 and last traded at $0.58. Approximately 734,864 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 1,497,027 shares. The stock had previously closed at $0.63.

Separately, ValuEngine raised shares of Marathon Patent Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th.

About Marathon Patent Group (NASDAQ:MARA)

Marathon Patent Group, Inc focuses on mining digital assets. It owns cryptocurrency mining machines and a data center to mine digital assets. The company was formerly known as American Strategic Minerals Corporation and changed its name to Marathon Patent Group, Inc in February 2013. Marathon Patent Group, Inc was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

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