Core Scientific (NASDAQ:CORZZ) Stock Price Down 0.2% – Should You Sell?

Shares of Core Scientific, Inc. (NASDAQ:CORZZGet Free Report) traded down 0.2% on Friday . The stock traded as low as $16.55 and last traded at $17.04. 9,289 shares traded hands during trading, a decline of 80% from the average session volume of 45,577 shares. The stock had previously closed at $17.08.

Core Scientific Stock Performance

The company has a 50-day moving average of $18.00 and a 200-day moving average of $15.30.

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

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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