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Why Cipher Mining Stock Trounced the Market Today
['Thu', 'October', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Key PointsA crypto mining equipment company reported a massive order from a customer.
That customer wasn't identified, but investors piled into mining stocks on the news regardless.
One miner that benefited from a positive knock-on effect was Cipher Mining (NASDAQ: CIFR), which saw a nearly 10% rise in its stock that trading session alone.
Should you invest $1,000 in Cipher Mining right now?
Before you buy stock in Cipher Mining, consider this:The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cipher Mining wasn’t one of them.