Riot Platforms stock jumps 16% on AMD data-center lease — what to watch next week
Riot Platforms shares jumped 16.1% to $19.24 after announcing a long-term data-center lease with AMD and a $96 million land purchase in Rockdale, Texas. The deal could bring Riot up to $1 billion in contract value and expand capacity to 200 MW. Trading volume hit 54 million shares. U.S. markets reopen Tuesday after the Martin Luther King Jr. Day holiday.