Core Scientific, Inc. (NASDAQ:CORZZ – Get Free Report)’s stock price fell 2.9% during trading on Thursday. The stock traded as low as $14.88 and last traded at $15.3650. Approximately 23,810 shares traded hands during mid-day trading, an increase of 66% from the average session volume of 14,308 shares. The stock had previously closed at $15.82.
Core Scientific Price Performance
The company’s 50-day moving average price is $18.05 and its two-hundred day moving average price is $21.05.
About Core Scientific
Core Scientific, Inc is a digital infrastructure company that operates data centers designed for high-performance computing. Its business has historically centered on cryptocurrency mining, particularly the mining of bitcoin, as well as providing hosting and infrastructure services for other digital asset miners.
The company is expanding its data center platform to support artificial intelligence and other high-performance computing workloads. Its services include data center operations, power and facility management, equipment deployment, and hosting solutions for customers that require substantial computing capacity.
Core Scientific was founded in 2017 and became a publicly traded company through a business combination in 2022.
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