Shares of Cipher Digital Inc (NASDAQ:CIFR) are trading lower Tuesday morning after the company reported second-quarter financial results that missed Wall Street estimates.
Here's what investors need to know.
Cipher Digital stock is among today's weakest performers.
Why is CIFR stock dropping?
Operational Highlights: Black Pearl Acceleration and Apollo Expansion For the second quarter, Cipher posted a net loss of 65 cents per share, falling short of the consensus analyst estimate for a 22 cent loss per share.
