Core Scientific (NASDAQ:CORZZ) Shares Down 1.7% – Here’s Why

Core Scientific, Inc. (NASDAQ:CORZZ)’s share price was down 1.7% during trading on Monday . The stock traded as low as $14.82 and last traded at $14.9550. Approximately 4,615 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 43,753 shares. The stock had previously closed at $15.22.

Core Scientific Stock Down 1.7%

The company has a 50 day moving average of $17.19 and a 200-day moving average of $15.81.

Core Scientific (NASDAQ:CORZZ) last posted its quarterly earnings data on Wednesday, August 17th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $163.97 million for the quarter.

About Core Scientific

Core Scientific (NASDAQ: CORZ) is a leading provider of blockchain infrastructure and digital asset mining in North America. The company specializes in the design, development and operation of large-scale data centers optimized for proof-of-work blockchain consensus. Core Scientific’s primary offerings include self-mining of Bitcoin and colocation services that enable institutional and enterprise clients to deploy, scale and maintain their own digital asset mining hardware.

Operating facilities across multiple U.S.