Marathon Patent Group Inc (NASDAQ:MARA) shares rose 5.5% during mid-day trading on Wednesday . The company traded as high as $0.80 and last traded at $0.77. Approximately 679,800 shares changed hands during trading, a decline of 56% from the average daily volume of 1,553,749 shares. The stock had previously closed at $0.73.
Separately, ValuEngine raised Marathon Patent Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th.
About Marathon Patent Group (NASDAQ:MARA)
Marathon Patent Group, Inc focuses on mining digital assets. It owns cryptocurrency mining machines and a data center to mine digital assets. The company was formerly known as American Strategic Minerals Corporation and changed its name to Marathon Patent Group, Inc in February 2013. Marathon Patent Group, Inc was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
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