Why Marathon Digital Holdings's Stock is Down During Today's Session

Marathon Digital Holdings's Stock Price And Volume Action

Marathon Digital Holdings's MARA stock has been falling Friday, down 1.81% to a price of $29.66. The stock's volume is currently 4.00 million, which is roughly 17.73% of its recent 30-day volume average of 22.58 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Marathon Digital shares are trading lower after Bitcoin dropped below $50,000, which has weighed on crypto-related stocks.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $39.77 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $57.75 and as low as $0.4.

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