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Stock impact report

Here's Why Cipher Mining Inc. (CIFR) Fell More Than Broader Market [Yahoo! Finance]

Cipher Mining Inc. (CIFR) 
Company Research Source: Yahoo! Finance
The stock's performance was behind the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq lost 1.51%. Coming into today, shares of the company had lost 7.3% in the past month. In that same time, the Business Services sector lost 4.68%, while the S&P 500 gained 0.93%. The investment community will be paying close attention to the earnings performance of Cipher Mining Inc. in its upcoming release. The company is predicted to post an EPS of -$0.12, indicating a 300% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $79.59 million, indicating a 88.5% upward movement from the same quarter last year. CIFR's full-year Zacks Consensus Estimates are calling for earnings of -$0.36 per share and revenue of $243.54 million. These results would represent year-over-year changes of -157.14% and 0%, respectively. Any recent changes to analyst estimates for Cipher Mining Inc. s Show less Read more
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