Craig-Hallum Maintains Hut 8(HUT.US) With Buy Rating, Announces Target Price $15
Shares of Crypto-related Stocks Are Trading Lower Amid a Drop in the Price of Bitcoin. Shares of the Assets Are Falling as Tensions Rise in the Middle East Following Reports Suggesting That Iran Could Be Preparing to Attack Israel.
Update: Hut 8 Loses 5.7% as It Pays a US$38-Million Outstanding Loan With Shares
The White House in the USA stated that Iran is preparing to attack Israel, causing a further decline in the US stock market, while oil prices and gold prices rise.
According to AXIOS, Iran is preparing to launch a ballistic missile attack on Israel. The Nasdaq fell more than 1%, WTI rose more than 3%, and spot gold rose more than 1% intraday.
Hut 8 (HUT) Gets a Buy From Craig-Hallum
Hut 8 Slightly Up in U.S. Pre-Market on Conversion of US$38 Million Outstanding Loan Into Shares