Core Scientific (NASDAQ:CORZZ) Trading Up 9.5% – Time to Buy?

Core Scientific, Inc. (NASDAQ:CORZZGet Free Report)’s stock price was up 9.5% during mid-day trading on Monday . The company traded as high as $9.37 and last traded at $9.25. Approximately 15,694 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 267,026 shares. The stock had previously closed at $8.45.

Core Scientific Stock Performance

The business has a 50-day moving average of $11.36 and a two-hundred day moving average of $13.14.

About Core Scientific

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Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

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