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Marathon Digital Holdings, Inc.

Company NameMarathon Digital Holdings, Inc.
Stock SymbolMARA

On November 15, 2021, before the market opened, Marathon revealed that during its third quarter 2021, “the Company and certain of its executives received a subpoena to produce documents and communications concerning the Hardin, Montana data center facility” described in Marathon’s Form 8-K dated October 13, 2020.

On this news, Marathon’s stock price fell $20.52, or 27%, to close at $55.40 per share on November 15, 2021, thereby injuring investors.

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