Greenidge Generation Holdings Inc. Class A Common (GREE)
Greenidge Generation Holdings Inc. is a cryptocurrency mining company that operates a digital asset mining facility in New York. The company focuses on sustainable energy solutions for its operations, utilizing a combination of natural gas-powered electricity and renewable energy sources to mine digital currencies. Greenidge aims to leverage its operational expertise to contribute to the evolving digital economy while emphasizing environmental responsibility.
Company News
Sharps Technology shares jumped 31.7% in pre-market trading after the company announced it received two purchase orders for a total of approximately one million SecureGard syringes for 2024 delivery. Several other stocks also saw significant pre-market movements.
Greenidge Generation Holdings Inc. (GREE) delivered earnings and revenue surprises of -60% and 11.88%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
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The current trends sure aren't friends of this peer group.