Riot Shares Surge Amid Potential AI Pivot
On December 12, Riot Platforms’ shares jumped nearly 5% following news of Starboard Value acquiring a stake in the bitcoin miner. Meanwhile, the S&P 500 index declined by 0.5% that day. Data: Yahoo Finance. On Thursday morning, The Wall Street Journal reported that Starboard Value had acquired a “significant” stake in Riot. The buyer is […]