Core Scientific (NASDAQ:CORZW) Stock Price Down 7% – Here’s What Happened

Core Scientific, Inc. (NASDAQ:CORZWGet Free Report) shares traded down 7% on Friday . The stock traded as low as $14.00 and last traded at $14.00. 63,577 shares were traded during mid-day trading, a decline of 77% from the average session volume of 278,610 shares. The stock had previously closed at $15.06.

Core Scientific Stock Performance

The stock’s 50 day moving average is $18.29 and its 200-day moving average is $14.21.

About Core Scientific

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Core Scientific, Inc provides blockchain and artificial intelligence (AI) infrastructure services in the United States. It designs, owns, and operates carbon neutral infrastructure facilities for blockchain and AI computing; mines digital assets; and provides hosting solutions for digital asset mining, blockchain applications, and AI. The company also develops blockchain networks; and provides data scientist and MLOps solutions for various AI challenges. Core Scientific, Inc is based in Austin, Texas.

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