Crypto company's stock plunges on SEC probe [CNNMoney.com]
Riot Platforms, Inc. (RIOT)
Last riot platforms, inc. earnings: 8/8 04:30 pm
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ir.riotblockchain.com
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Source: CNNMoney.com
Crypto company's stock plunges on SEC probeMany companies trying to ride the crypto wave are faring even worse than bitcoin itself.Riot Blockchain's stock has plummeted 77% in 2018. (Bitcoin prices have plunged 40% in 2018.)The bursting of the bitcoin bubble clearly is hurting Riot Blockchain (RIOT). But news worsened when the company disclosed to investors Wednesday that it had received a subpoena from the Securities and Exchange Commission.The stock has fallen more than 10% in just the past two days ... and the worst may not be over.Riot Blockchain used to be called Bioptix. It made fertility hormones for cows, horses and pigs. And it still does.But Bioptix changed its name to Riot Blockchain last October and said its new focus "will be as a strategic investor and operator in the blockchain ecosystem with a particular focus on the Bitcoin and Ethereum blockchains."The stock surged from about $5 a share to a high of $46.20 by December. Then cryptocurrencies, including bitcoin, ethere
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RIOT
News
- Riot Energizes New Corsicana Facility in Navarro County, TexasGlobeNewswire
- Riot Announces March 2024 Production and Operations UpdatesGlobeNewswire
- Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot PlatformsPR Newswire
- Thinking about buying stock in SoundHound AI, Eli Lilly, Dell Technologies, NKGen Biotech, or Riot Platforms?PR Newswire
- Riot Announces February 2024 Production and Operations UpdatesGlobeNewswire
RIOT
Earnings
- 11/7/23 - Beat
RIOT
Sec Filings
- 4/18/24 - Form 8-K
- 4/16/24 - Form PRE
- 3/19/24 - Form 4
- RIOT's page on the SEC website