Hut 8 Shares Fall 15% After Third-Quarter Operating Loss
Hut 8 shares were down 15% at $54.49 in premarket trading after the company reported a third-quarter operating loss. Net income was $126.8 million, up sharply from the prior-year quarter.
By Rob CurranShares of Hut 8 slid premarket after the artificial-intelligence infrastructure developer posted a hefty third-quarter operating loss.The company's stock was down 15% at $54.49 in premarket trading.The data-center developer logged net income of $126.8 million, up sharply from $33.7 mil…