The stock of Core Scientific Inc (NASDAQ:CORZ) last traded at $14.04, down -0.07% from the previous session.
CORZ stock price is now -9.61% away from the 50-day moving average and 38.47% away from the 200-day moving average. The market capitalization of the company currently stands at $3.92B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $25.50, ROTH MKM recently initiated with Buy rating for Core Scientific Inc (NASDAQ: CORZ). On October 28, 2024, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $19, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Sullivan Adam Taylor, Chief Executive Officer sold 88,380 shares of the company’s stock on Jan 02 ’25. The stock was sold for $1,258,796 at an average price of $14.24. Upon completion of the transaction, the Chief Executive Officer now directly owns 4,128,505 shares in the company, valued at $57.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 02 ’25, See remarks DUCHENE TODD M sold 129,861 shares of the business’s stock. A total of $1,849,610 was realized by selling the stock at an average price of $14.24. This leaves the insider owning 2,051,649 shares of the company worth $28.81 million. A total of 13.63% of the company’s stock is owned by insiders.
During the past 12 months, Core Scientific Inc has had a low of $2.61 and a high of $18.63. The fifty day moving average price for CORZ is $15.5322 and a two-hundred day moving average price translates $10.139225 for the stock.
The latest earnings results from Core Scientific Inc (NASDAQ: CORZ) was released for 2024-09-30.
