Why BitMine Immersion Technologies Stock Plummeted on Monday
Crypto treasury company Bitmine Immersion Technologies (NYSEMKT: BMNR) didn't have timing on its side Monday. Its stock took a punishing hit of almost 13% that trading session after it published the latest update on its holdings -- on a day when many cryptos were booking substantial losses.
Bitmine publishes weekly updates of its holdings, which is appropriate given the company's active involvement with its anchor position in Ethereum.
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Source Fool.com
Immersion Corp. Stock
€4.76
-0.950%
The community is currently still undecided about Immersion Corp. with 1 Buy predictions and 0 Sell predictions.
Based on the current price of 4.76 € the target price of 11 € shows a potential of 130.9% for Immersion Corp. which would more than double the current price.
