Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower Thursday amid overall market weakness as traders continue to digest Wednesday’s Fed rate hike announcement.
The Federal Reserve raised rates by 50 basis points on Wednesday, its first rate hike of at least half a percentage point in more than 20 years. Stocks surged following the announcement, but have pulled back significantly on Thursday.
Marathon Digital reported first-quarter financial results after the market …
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