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Bitcoin mining stock report: Wednesday, May 18

Bitcoin mining stock report: Wednesday, May 18

After bitcoin mining companies recovered in the stock markets Tuesday, most incurred stock price declines on Wednesday.

Argo Blockchain, which held its Q1 earnings call on Wednesday, saw its stock drop -5.88% on the London Stock Exchange and -3.91% on the Nasdaq.

Riot, Marathon and CleanSpark registered the biggest losses, at -9.06%, -8.39%,  and -8.00%, respectively.

BIT Mining, however, ended the day on a positive note, with its stock climbing +15.38%.

Here’s how other crypto mining companies performed in the market on Wednesday, May 18:

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Catarina Moura


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