Sphere 3D Shares Surge 57% as Cathedra Merger Wraps Up
Sphere 3D Corp. shares surged roughly 57% in busy Nasdaq trading Monday after the bitcoin miner said it closed its merger with Cathedra Bitcoin. The companies said the deal will make for a bigger power-backed digital infrastructure business. The stock last traded at $2.99, down from a high of $4.32 earlier, with more than 55 million shares changing hands.
Company hubNASDAQ:ANY
Sphere 3D (ANY) Stock News & Analysis
Follow the latest Sphere 3D (ANY) company news, earnings coverage and investor analysis from TechStock².
Save this hub to your TS2 Signalbook account.
- Latest update
- Articles in this hub
- 1
- Last 30 days
- 0
What investors are watching
- Earnings, guidance and financial performance
- Valuation, trading activity and market sentiment
- Strategy, catalysts and company-specific risks
TechStock² Updates
