HUTMF - Riot Blockchain Shares Soar As 2018 Results Are Finally Released And The Outlook Improves For Cryptocurrencies.
Upon release of financial results for 2018, Riot Blockchain (NASDAQ:RIOT) shares have climbed 33% from $3.54 per share to $4.71 per share as of April 15, 2019. This increase was fueled by the fact that the company “filed” its results after being late in line with the SEC requirements instead of by the results themselves. Another factor is the recent jump in the prices of cryptocurrencies led by bitcoin at the start of April. But is this move sustainable or just a correction? Let’s find out.
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Riot Blockchain, Ltd is a blockchain