Mawson Infrastructure (MIGI) Stock Skyrockets on Crypto Rally and Executive Shakeup
Mawson Infrastructure (NASDAQ: MIGI) shares surged 13.36% to $1.00 on Oct. 14 and traded near $1.28 by mid-morning Oct. 15, doubling over two weeks amid crypto market swings. The company recently fired CEO Rahul Mewawalla for cause during a fraud lawsuit and secured a Nasdaq compliance extension. Interim CEO Kaliste Saloom now leads. Analysts remain cautious as volatility continues.